Description
Attention!! Attention!! INVESTORS & END USERS! Detached Rental Property With Future Laneway Potential & Located In The Woodbine MTSA For Future Add-Value Potential!Potential to earn a 6% CAP Rate. $$ ($50K+) spent on Renovations, Furnishings & Furniture. Brand new appliances in Upper & Lower levels. New flooring, new painting, pot lights, new appliances. See it to believe it!Earn Income With 3-Units At Recent Rents With Excellent Tenants, Producing An Attractive Yield On The Property (NOI & Rent Rolls Available On Request) Easily convertible back to single family. Live in the Main floor with a private garden & generate significant Airbnb Income from the Lower & upper level units to Offset your entire mortgage. Bright 2 BR suite on the main level, Newly renovated & Upgraded Separate Upper Studio unit with Private kitchen,Full bathroom & Laundry.1br fully renovated and updated walk-up basement w/full bath & shared laundry.Well Maintained, With Timeless And High-Quality Material Selection Throughout The Home.For An Asset That Will Stand The Test Of Time! Situated On A Quiet street and A Stone's Throw From Stephenson Park. Easy Access To Go Train/Subway/Hwy, Schools, Grocery Stores & Restaurants & Cafe's & Beaches. Don't Let This Gem Of A Cash Cow Slip Away!
Legal Description: PT LT 19-20 PL 499E TORONTO AS IN CA681482; S/T & T/W CA681482; CITY OF TORONTO
Additional Details
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- Lot Size
- 20.87 X 135.37 Ft.
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- Community
- East End-Danforth
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- Property Style
- 2-Storey
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- Taxes
- $4350.77 (2023)
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- Garage Type
- None
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- Parking Space
- 3
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- Air Conditioning
- Wall Unit
-
- Heating Type
- Baseboard
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- Kitchen
- 1
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- Kitchen Plus
- 2
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- Basement
- Sep Entrance Walk-Up
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- Pool
- None
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Features
- Fireplace