Nest Seekers

Exceptional Multi Unit Rental Investment Opportunity In A Prime Toronto Location !

2652 Victoria Park Avenue
Toronto C15 M2J 4A6
Canada

Listing

Web ID:5817781
Website:https://www.nestseekers.com/5817781

Property

Ownership: For Sale
Type: Unknown
Rooms: 9
Bedrooms: 14 BR
Bathrooms: 16

Financials

Price:C2,390,000
($1,706,600)
(€1,523,600)
Annual Taxes:C14,325.70

Description

Exceptional Multi-Unit Rental Investment Opportunity In A Prime Toronto Location! Built In 2019,This Large Detached Property Offers Approx. 4,850 Sq.Ft Above Grade Plus Approx. 2,400 Sq.Ft. Basement, With A Flexible Multi-Suite Layout Designed (14 Bedrooms, 16 washrooms) For Strong Rental Income Potential. Current Layout Includes 6 Suite-Style Rooms On The Second Floor, 2 Suite-Style Rooms 2 Powder Rooms On The Main Floor, And 6 Suite-Style Bedrooms In The Basement-tremendous Upside With Approx. The Property Is Equipped With 3 Hot Water Tanks, 2 Furnaces And 2 HRVs,$100K-$150K Additional Investment Estimated To Complete The Remaining Renovations. Similar Completed Multi-Unit Rental Properties May Support A Market Value In The Approx. $2.8M-$3M Range. Potential To Explore CMHC Financing Options And Additional Garden House Opportunity In The Back Yard, Subject To Applicable Approvals. Convenient Location Close To TTC, Hwy 401/404/DVP, Shopping, Schools, Parks And Everyday Amenities. Priced To Sell! Rare Large-Scale Income Property With Huge Upside Potential. Don't Miss This Great Investment Opportunity!

Amenities

  • Carpet Free
  • Primary Bedroom - Main Floor

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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