Sold! Wonderful income opportunity or convert to single family home. Prime High Park location.
Large detached brick income property with 4 units in prime High Park location. Close to Dundas and Keele Subway Stations, to Bloor West, Junction & Roncesvalles shops, restaurants, pubs & cafes. Great schools, close to High Park. 2 1/2 storey solid brick building with 4 spacious units. Shared laundry in 2nd floor for main unit, second floor unit and third floor unit. Main Floor one bedroom suite with eat-in kitchen; 2nd level, 1 bedroom suite, upper third-level bachelor unit. Two bedroom basement unit with open concept Living/Dining/Kitchen area and 2 exits, front and back doors as well as its own laundry.
Renovated and updated. List of new improvements.
- New roof
- New carpeting throughout
- All painted
- New counter tops kitchen sinks
- New vinyl flooring in main floor kitchen
- New vinyl flooring in entry and laundry room
- New bathroom fixtures on top floor
- Back splashes in 2 kitchens, and
- Tiling in basement floor entry
- new shower on top floor
- new fire doors on entrance to top floor apt, laundry room, and furnace room
Note: There are fire doors on all entrances to the units, and fire alarm pull station on each floor.
Status of all units at this time: Vacant
2 parking stops, one for ground unit and the other for the 2nd floor apartment.
Previous rents:
$800 Basement
$1060 ground
$995 2nd floor
$700 loft
Estimations of what the units could rent for, after the recent renovations.
Basement $925
Ground $1250
2nd Floor $1150
Loft $800
Coin op income was about $300 a year but with replacement washer that has a higher price, it should be $500 a year from now on.
Home inspection report as well as fire code inspection report available upon request.
View the slideshow here.
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