Asking Price: $1,599,000
Sold Price: $1,800,000
Style: 3 Storey
Lot Size: 25.25 x 109.52
Taxes: $5963.49 (2021)
Garage Type: Detached
Garage Spaces: 1
Total Parking Spaces: 2
Bedrooms: 4 + 1
Basement: Finished/Sep. Entrance
Heat: Hot Water/Gas
Air Conditioning: Wall Unit
This property offers three turn-key suites that exude tremendous pride of ownership and can accommodate an owner/occupier – PLUS two other units to subsidize the living expenses.
The second/third floor three-bedroom 1,600 square foot suite is currently owner-occupied and is the envy of owner suites. It features two beautifully renovated baths, in-suite laundry room, skylight and a walk-out to deck overlooking the magnificent city skyline and CN Tower,
The main floor one-bedroom suite is a mix of modern and classic charm featuring almost 9 ft soaring ceilings, stainless steel appliances and quartz countertop.
The lower level one-bedroom suite offers 7 ft 3 in ceiling height and has been gutted and renovated to include in-floor heat, above grade windows, pot lights and generous storage space.
Investors: Are you watching your capital erode in the money markets? Is your cash sitting in the bank earning pennies? This property delivers a potential cap rate of 4.48% and a potential yearly net income of $72,000.
This property is versatile and perfect for professional singles or couples, small families, empty nesters, as a condo alternative, someone downsizing, siblings and friends co-habiting and investors too.
Its desirable urban location, steps to St Clair West subway, Loblaws, the new Summerhill Market on Bathurst, Wychwood Barns with the Saturday Farmer’s market, and the walkable St Clair West corridor with its eclectic shops, trendy restaurants and youthful energy will make it easy for the investor to rent these units — and enjoyable for an owner who wants to live close to world class urban amenities.
We’re excited to bring this rare offering to market.
Living in Hillcrest Village
Hillcrest Village, Toronto is an established neighbourhood situated 15 minutes from Toronto’s financial district. It is comprised of two neighbourhoods known as “Humewood” located north of St. Clair Avenue West and “Hillcrest” located south of St. Clair Avenue West.Learn More