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$ 1,400,000
Est. payment | /mo
6 Beds
4 Baths
2,500 SqFt
$ 1,400,000
Est. payment | /mo
6 Beds
4 Baths
2,500 SqFt
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $560
Subdivision Trinity-Bellwoods
MLS® Listing ID C12152177
Bedrooms 6
Property Sub-Type Townhouse
Source Toronto Regional Real Estate Board
Property Description
Talk about pride of ownership, this one scores high across all categories. First, you'll fall in love with the gorgeous victorian townhouse curb appeal. Next, it makes great money sense, as you're pulling in approximately $90,000 in NET income. Tenant quality is also fantastic as it's a true downtown 4plex with all units above ground attracting professional applicants. Detached garage parking off the laneway clears the path for your potential 1250 square foot LANEWAY HOUSE that you could rent out for well over $3,000. Finally, Trinity Bellwoods is arguably Toronto's most vibrant neighbourhood, so you've definitely taken care of location, location, location. I would say overall, the property scores 7 out of 10 in terms of condition. Lots of renovations too, like brand new porch, full reno of third floor unit and front unit on the second floor, kitchens, bathroom, some updates on the second floor rear unit, and the main floor tenant has been there a while, so not much there. The basement could use finishing to maximize rental potential. The electrical is copper, but updating to a 200 amp system is worth it, furnace, roof and A/C are mid life and the garage is original construction. So, it wouldn't take you much to make this into a 9 out of 10, as nothing is perfect:) I'll be hosting many mini open houses during the week, but not your typical weekend open house. Please reach out to make an appointment for one of the available time slots that's convenient for you. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
Community Features Community Centre
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Others
Ownership Freehold
Listed by ROYAL LEPAGE ESTATE REALTY
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