Discover an incredible investment opportunity with this impeccably maintained multiplex apartment building in the prestigious Lawrence park neigh'hood. Featuring 6 spacious 2 bdrm, 1 bathrm apartments, 5 of which are rented to reliable tenants plus one unit is currently landlord occupied. This property guarantees immediate income. The landlord's apt is extra luxe with a large jacuzzi tub-offers the option for you to live in luxury in that unit or rent it at market price. Upper floor apts have electric fireplaces. Situated in highly sought-after public school district & close to private schools. The building is within walking distance to parks, dining, shopping, steps from public transit. 3 apts have been significantly reno'd with main & upper floor units boasting ductless AC. Upper floor apts have 18 foot cathedral ceilings w/ 2 large skylights each. Additional income streams come from parking & coin operated laundry machines. Each apartment has metered hydro; lower level units pay for their heat while enjoying walk-outs. Wiring and plumbing brought up to date. Fenced yard. Income and expenses as an attachment to MLS. |
Extras: 4 covered parking spots, 2 outdoor parking spots, 2 laundry rooms, 3 jacuzzi tubs. 6 Fridges, 6 stoves, 4 dishwashers (upper & main flrs), ductless AC, garden shed. |
Price | $3,995,000 |
Taxes: | $12539.00 |
Address: | 1230 Avenue Rd , Toronto, M5N 2G6, Ontario |
Lot Size: | 50.50 x 172.00 (Feet) |
Directions/Cross Streets: | Avenue Rd/Lytton |
Rooms: | 22 |
Bedrooms: | 8 |
Bedrooms +: | 4 |
Kitchens: | 6 |
Family Room: | N |
Basement: | Apartment, Fin W/O |
Property Type: | Multiplex |
Style: | 2-Storey |
Exterior: | Brick |
Garage Type: | Detached |
(Parking/)Drive: | Lane |
Drive Parking Spaces: | 2 |
Pool: | None |
Other Structures: | Garden Shed |
Approximatly Square Footage: | 5000+ |
Property Features: | Fenced Yard, Park, Public Transit |
Fireplace/Stove: | Y |
Heat Source: | Gas |
Heat Type: | Water |
Central Air Conditioning: | Wall Unit |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX REALTRON REALTY INC. |
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Type: | Freehold - Multiplex |
Area: | Toronto |
Municipality: | Toronto |
Neighbourhood: | Lawrence Park South |
Style: | 2-Storey |
Lot Size: | 50.50 x 172.00(Feet) |
Tax: | $12,539 |
Beds: | 8+4 |
Baths: | 6 |
Fireplace: | Y |
Pool: | None |