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! (id:13843)
| MLS # | C14109352 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 12 |
| Listing Provided By | ANJIA REALTY | ALICE HU |
| Bed(s) | 14 |
|---|---|
| Bath(s) | 16 Total |
| SQ Feet | 3,500 |
| Garage | 4 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | Residential |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Oven, Dryer, Hood Fan, Window Coverings, Water Heater |
| Fireplace Yes / No | No |
| Lot Features | Carpet Free |
|---|---|
| Foundation Details | Block |
| Parking Features | Attached Garage, Garage |
|---|---|
| Parking Total | 4 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 14325.7 |
|---|
| Province | ON |
|---|---|
| City | Toronto (Pleasant View) |
| Postal Code | M2J4A6 |
| Listing VS Median (in M2J4A6) | |
Price: $2,390,000 low | high Med: $1,196,150 sqft: 3,500 low | high Med: 2,100 $ / sqft: $683 low | high Med: $343 On site: 12 low | high Med: 49 | |
| Province | ON |
|---|---|
| City | Toronto (Pleasant View) |
| Postal Code | M2J4A6 |
| Listing VS Median (in M2J4A6) | |
Price: $2,390,000 low | high Med: $1,196,150 sqft: 3,500 low | high Med: 2,100 $ / sqft: $683 low | high Med: $343 On site: 12 low | high Med: 49 | |