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Toronto (roncesvalles),ON M6R2A3
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,499 sqft
Price per Sqft $979
Subdivision Roncesvalles
MLS Listing ID W12066125
Bedrooms 8
Originating Board Toronto Regional Real Estate Board
Property Sub-Type Freehold
Property Description
Prime 4-Unit Income Property, a rare opportunity in the heart of Roncesvalles, this stunning red double-brick classic home offers exceptional rental income for investors or savvy homeowners, with 4 incredible fully equipped, spacious 2-bedroom apartments. Each self-contained unit boasts modern upgraded kitchens with dishwashers, private entrances, and ensuite laundry for ultimate convenience. Thoughtfully designed with spacious layouts, the main floor features soaring ceilings and timeless character. The second floor offers a functional layout, a private balcony, and an oversized sunlit west-facing living room. The third floor is warm and inviting, with an open-concept kitchen and abundant natural light. The basement unit impresses as a true 2 bedroom apartment with large above-grade windows and a walkout to the backyard. Serviced by a high-efficiency boiler (2018) and a 400-amp electrical system, each unit has its own 60-amp service, with additional capacity for future expansion. Amazing, spacious backyard and oversized 3-car garage, featuring three skylights and updated garage doors (2018), presents a fantastic opportunity for a laneway suite, with two parking spaces currently rented and one vacant. The units generate substantial rental income with less than average property expenses. Nestled between Roncesvalles and Queen West, this property is steps from vibrant cafes, restaurants, High Park, waterfront trails and major TTC routes, with easy access to Lakeshore Blvd and the Gardiner for seamless commuting. A walker's paradise with unbeatable rental demand, this is a turnkey investment opportunity perfect for generating passive income or accommodating multigenerational living, a very special opportunity in one of the best neighbourhoods in Toronto. (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 3.15 m X 2.99 m Bedroom
Extra Room 2 Second level 2.72 m X 2.71 m Bathroom
Extra Room 3 Second level 4.6 m X 2.01 m Foyer
Extra Room 4 Second level 2.55 m X 2.43 m Kitchen
Extra Room 5 Second level 3.41 m X 2.62 m Dining room
Extra Room 6 Second level 4.83 m X 4.02 m Living room
Interior
Heating Radiant heat
Flooring Hardwood,Tile,Vinyl,Cork
Exterior
Parking Features Yes
Community Features Community Centre
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Others
Ownership Freehold
Virtual Tour https://www.youtube.com/watch?v=LHjIv29nqEE