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$2,075,000
Available - For Sale
Listing ID: W12269217
Turn-Key Cash Flow Machine in the Heart of Toronto at 13 Spencer Ave! Unlock the potential of this stunning, renovated Grand Victorian just steps from the lake and Liberty Village! This legal duplex is a rare investment gem offering exceptional cash flow and a high cap rate. With approximately 3,500 sq ft of luxury living space plus a 300 sq ft rooftop terrace, this property is tailor-made for the savvy investor or multi-generational end-user.Currently fully tenanted with high-quality tenants, this property features 7 spacious bedrooms and 6 spa-inspired bathrooms (each with frameless glass showers), 2 designer kitchens, and open-concept floor plans with soaring 14-ft ceilings, exposed brick accents, and premium quartz stone finishes throughout.The walk-out basement offers incredible potential for a third income-generating unit, complete with its own entrance. With 4 private laundry setups, 4 covered parking spaces, and all major upgrades done, this is the true definition of turn-key.Live in one unit and rent the others, or sit back and collect rents from a fully stabilized asset in one of Torontos most vibrant communities.Prime Location | High-End Finishes | Strong Rental Income | Future UpsideDon't miss this rare opportunity to own a blue-chip investment in a location that continues to outperform.
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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 $37,450 $74,900 $112,350 $149,800
First Mortgage $711,550 $674,100 $636,650 $599,200
CMHC/GE $19,567.63 $13,482 $11,141.38 $0
Total Financing $731,117.63 $687,582 $647,791.38 $599,200
Monthly P&I $3,131.32 $2,944.86 $2,774.44 $2,566.33
Expenses $0 $0 $0 $0
Total Payment $3,131.32 $2,944.86 $2,774.44 $2,566.33
Income Required $117,424.5 $110,432.27 $104,041.51 $96,237.27

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.
RE/MAX PROFESSIONALS SIDOROVA INWOOD REALTY

13 Spencer Aven , Toronto, M6K 2J4, 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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Type: Freehold - Duplex
Area: Toronto
Municipality: Toronto W01
Neighbourhood: South Parkdale
Style: 3-Storey
Lot Size: x 120.00(Feet)
Approximate Age:
Tax: $10,123
Maintenance Fee: $0
Beds: 5+2
Baths: 6
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

  Email Us

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

 

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