Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bedrooms: | 7 BR |
| Bathrooms: | 4 |
Financials
Price:C1,599,000
($1,155,500)
(€993,600)
Annual Taxes:C8,544
Overlooking Trinity Bellwoods Park, this beautifully maintained amp ; updated century home presents a rare opportunity to own a 4 unit income property in one of Toronto's most sought after ...
Description
Overlooking Trinity Bellwoods Park, this beautifully maintained & updated century home presents a rare opportunity to own a 4 unit income property in one of Toronto's most sought-after neighbourhoods. Set on a wide 24.5ft lot in the heart of Queen West, 79 Gore Vale features 4 self-contained suites, incl. 3 spacious 2-bedroom apartments & a fully renovated, underpinned 1-bdrm lower-level suite w/ high ceilings, private entrance, French doors, & stunning kitchen centred around a large island. The main, second, and basement suites will be vacant on possession, creating exceptional flexibility for investors & end-users alike. Live in 1 unit while generating substantial income from the others, create a multi-generational living arrangement, co-own with family or friends, or fully lease the property & capitalize on strong demand in one of Toronto's most desirable rental markets. Each suite offers its own unique character & outdoor connection. The 2nd fl apt features a front balcony w/ postcard-worthy views across Trinity-Bellwoods Park, while the main fl enjoys a charming front porch & access to the backyard. The 3rd fl suite offers a bright and cozy 2-bdrm layout, & the lower-level suite rivals many above-grade apartments in quality & finish. With long-term tenants occupying the third-floor unit paying good rent & the remaining suites available for immediate occupancy, the property offers a rare blend of stability & opportunity. Estimated gross rental income exceeds $10,000/mo when fully leased. Step outside your door and enjoy everything that makes Trinity-Bellwoods & Queen West one of Toronto's most coveted destinations: celebrated restaurants, independent cafés, boutique shopping, farmers' markets, community recreation facilities, & the city's most iconic urban park. Offered for the first time in over 20 years, 79 Gore Vale is more than an income property-it's a long-term hold in a neighbourhood where people aspire to live, invest, & put down roots.
Amenities
- Accessory Apartment
- Carbon Monoxide Detectors
- Carpet Free
- Deck
- In-Law Capability
- In-Law Suite
- Park/Greenbelt
- Porch
- Primary Bedroom - Main Floor
- Smoke Detector
- Sump Pump
- Water Heater
- Water Meter
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.