Marvelous opportunity! Incredible location. Easy passive income with a 4.37% cap rate. Great spaces with natural light. A+ tenants. Multi-unit property with significant upgrade features, including 1x2 bedroom unit, 2x1 bedroom units on the second and third floor, and a bachelor in the basement. The secure common entrance features laundry and bike storage. The first level unit has a renovated kitchen, plenty of counter space with clever hotplates, and access to a sun-drenched south-facing backyard. One bedroom is on the main floor, and a second is in the basement, with a large bathroom and plenty of storage. The second floor has a large one-bedroom and loads of light. The third floor has a loft-like one-bedroom unit with a walkout to a small balcony and a fantastic unobstructed view. The high basement also features a sun-filled bachelor with a brand new walk-out and separate entrance with new foundations and a sump pump. The Solid double-car garage has laneway housing potential. Conveniently located right just steps from the subway and public transit.
Property Type:
Freehold
Freehold Type:
Detached
Home Style:
3-Storey
Approx. Age:
100+
Depth:
125'38.1 m
Frontage:
20'2"6.15 m
Exposure:
South
Bedrooms:
4+1
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Rooms:
9
Rooms Below Grade:
1
Heating type:
Water
Heating Fuel:
Gas
Basement:
Finished, Sep Entrance
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
2
Parking Spaces:
0
Total Parking Spaces:
2
Driveway:
Lane
Family Room:
N
Possession Details:
30 days/tbd
Link:
No
Taxes:
$6,745 /
2024
Assessment:
$- /
-
Floor
Ensuite
Pieces
Other
Bsmt
-
3
Main
-
2
2nd
-
4
3rd
-
4
Bsmt
-
4
Danforth
Amazing A+ tenants. Great rental income. Currently 4.2% cap rate. See attached financials.
Data was last updated January 5, 2025 at 03:55 AM (UTC)
Area Statistics
Listings on market:
38
Avg list price:
$1,574,000
Min list price:
$988,800
Max list price:
$2,998,900
Avg days on market:
48
Min days on market:
1
Max days on market:
114
These statistics are generated based on the current listing's property type
and located in
Toronto E03. Average values are
derived using median calculations.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Regional Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.