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 |
| Tax Year |
2023 |
