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$2,649,000
Available - For Sale
Listing ID: W12022549
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.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $99,950 $199,900 $299,850 $399,800
First Mortgage $1,899,050 $1,799,100 $1,699,150 $1,599,200
CMHC/GE $52,223.88 $35,982 $29,735.13 $0
Total Financing $1,951,273.88 $1,835,082 $1,728,885.13 $1,599,200
Monthly P&I $8,357.15 $7,859.51 $7,404.68 $6,849.25
Expenses $0 $0 $0 $0
Total Payment $8,357.15 $7,859.51 $7,404.68 $6,849.25
Income Required $313,393.3 $294,731.77 $277,675.54 $256,846.86

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SAGE REAL ESTATE LIMITED

21 Macdonell Aven , Toronto, M6R 2A3, Toronto

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto W01
Neighbourhood: Roncesvalles
Style: 3-Storey
Lot Size: x 139.00(Feet)
Approximate Age:
Tax: $9,706.47
Maintenance Fee: $0
Beds: 6+2
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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