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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 1,529,000

Est. payment | -/mo

7 Beds

5 Baths

1,500 SqFt

Save

$ 1,529,000

Est. payment | -/mo

Save

7 Beds

5 Baths

1,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Square Footage 1,500 sqft

Price per Sqft $1,019

Subdivision Rockcliffe-Smythe

MLS® Listing ID W13207998

Bedrooms 7

Half Baths 2

Property Description

Investor Alert! Opportunity Knocks for End Users as well on this completely Gutted, Restored w/Addition & Newly Renovated Duplex w/a Basement Apt. Main & Upper Units Currently Leased at $3,300/mo & $3,200/mo Respectively. Basement Suite $1,450/mo. Gross Annual Income $95,400. Expenses @ 6% approx.(Property Taxes & Insurance) & Tenants Pay Own Utilities. Working at a 5.6% CAP Rate! A Detached 2 Car Garage gives you the opportunity to Build a Laneway Suite(Owner has Drawings/Plans). Everything is Brand New Inside and Out! All New Stucco Exterior! All Units have their own Private Separate Entrances & In-Suite Laundry. The Main Floor Apartment is a New 892 sq ft - 3 Bedroom - 1.5 Baths with 2 Separate Entrances & access to Private Yard. The Upper Apartment is a new 889 sq ft - 3 Bedroom - 1.5 Baths. The Basement Apartment is a renovated 1 Bedroom -1 Bath Suite. Each Apartment has it's Own High Efficient Heating/Cooling Mini-Split Systems Separately Metered so each Tenant Pays their Own Per Use Hydro Bills! Water Utility is divided 3 ways (40-40-20). Detached 2 Car Garage Parking w/Laneway Access. The Property is Easy to Rent with TTC access a very short walk to St Clair West Streetcar which go direct to St Clair West & Yonge Subway Lines. A short drive to Highways 401/400. Walk to theStockyards Mall and Local Shops, Restaurants, Enjoy all Corso Italia & Junction Neighbourhood Amenities. Fantastic Opportunity to Grow your Real Estate Portfolio with a Legal Duplex w/3units & a Great R.O.I. Everything is Brand Spanking New Inside & Out! (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 4.75 m X 4.3 m Great room

Extra Room 2 Second level 4.75 m X 4.3 m Kitchen

Extra Room 3 Second level 3.57 m X 3.24 m Primary Bedroom

Extra Room 4 Second level 4.69 m X 2.75 m Bedroom 2

Extra Room 5 Second level 3.35 m X 3.05 m Bedroom 3

Extra Room 6 Basement 4.21 m X 2.8 m Kitchen

Interior

Heating Forced air

Cooling Wall unit

Flooring Hardwood, Tile

Exterior

Parking Features Yes

View Y/N No

Attached Garage No

Total Parking Spaces 2

Garage Yes

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Listed by OAK AND KEY REAL ESTATE BROKERAGE, INC.

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+1(647) 493-3579

info@tonyledi.com

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6 LAPP STREET Toronto (rockcliffe-smythe), ON M6N3W6