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.
Address
1230 Avenue Rd
List Price
$3,995,000
Property Type
Free
Type of Dwelling
Multiplex
Style of Home
2-Storey
Area
Toronto C04
Sub-Area
Lawrence Park South
Bedrooms
8 + 4
Bathrooms
6
Floor Area
5,000 Sq. Ft.
MLS® Number
C9242163
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Postal Code
M5N 2G6
Tax Amount
$12,539.00
Tax Year
2023