Size
-
Lot size
221.85 sqm
Street frontage
W
Possession
Immediately
Price per sqm
-
Taxes
$7,508.91 (2023)
Parking Type
-
Style
2-Storey
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Description
This unique and high-performing duplex, generating $9,600 per month in rental income, offers both current cash flow and future development potential. The property features a 3-bedroom lane-way house (separately metered) and a 4-bedroom main house with an additional 2 bedrooms in the basement, providing ample space for tenants. Exciting development potential awaits! The city has expressed support for converting the property into 4 legal units fronting on Lippincott St. and 1 legal unit on Croft St., offering a rare opportunity to maximize the property's value. Located in a prime downtown Toronto location, this property is a short walk to the University of Toronto, Toronto General Hospital, shopping, community centers, and more. This is an exceptional opportunity for investors looking to expand their portfolio in one of Toronto's most sought-after neighborhoods.
EXTRAS: 2 sets Fridges, stoves, Washers/Dryers , dishwasher , 2 sets of furnace and AC. 2 SETS OF HYDRO AND GAS METER.
EXTRAS: 2 sets Fridges, stoves, Washers/Dryers , dishwasher , 2 sets of furnace and AC. 2 SETS OF HYDRO AND GAS METER.
Broker: OUR NEIGHBOURHOOD REALTY INC.
MLS®#: C9398542
Property details
Parking:
No
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
-
Lot front:
5.18 M
Lot depth:
42.67 M
Listed on:
Oct 17, 2024
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Main | Family | 1.2 x 1.2 m | Hardwood Floor |
Main | Br | 1.2 x 1.2 m | Hardwood Floor |
Main | Kitchen | 1.4 x 1.1 m | W/O To Patio |
2nd | Prim Bdrm | 1.6 x 1.1 m | Hardwood Floor |
2nd | 2nd Br | 1.1 x 0.8 m | Hardwood Floor |
2nd | 3rd Br | 1.2 x 0.8 m | Hardwood Floor |
Flat | Prim Bdrm | 1.1 x 0.9 m | Laminate, W/O To Patio |
Flat | 2nd Br | 1.1 x 0.9 m | Laminate |
Flat | 3rd Br | 1.1 x 0.9 m | Laminate |
Flat | Kitchen | 1.2 x 1.1 m | Laminate |
Flat | Living | 1.2 x 1.1 m | Laminate |
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Instant estimate:
orto view instant estimate
$54,960
lower than listed pricei
High
$1,600,140
Mid
$1,545,040
Low
$1,467,299
