40 Tyrrel Ave.
Central Toronto - Wychwood
Property Details
Status: Sold
Asking Price: $1,949,000
Sold Price: $2,150,000
Type: Detached
Style: 3 Storey
Lot Size: 30.25 x 120.75 ft.
Taxes: $8310.16 (2019)
Driveway: Mutual
Garage Type: Detached
Total Parking Spaces: 3
Bedrooms: 4 + 1
Bathrooms: 4
Kitchens: 3
Basement: Apt./Sep. Entrance
Fireplace: Yes
MLS #: C4695560
Looking for real estate that makes financial sense? Find it right here — in this multi family dwelling, in the Hillcrest School area, that presents three stylish, high quality suites that can accommodate an owner/occupier – PLUS ground floor tenants and basement tenants too. All three units with separate laundry facilities.
The upper two-bedroom unit is the very envy of owner suites, maximizing the second & third floors and featuring: a gorgeous open plan; U-shaped functional kitchen with exotic granite counter, sun filled living and dining rooms, gas fireplace, pretty bay windows and back deck overlooking the treetops and garden! A custom en-suite bath with large oversized glass shower completes the master bedroom.
The main floor two-bedroom suite is a mix of modern and classic charm featuring almost 9ft soaring ceilings, a cozy fireplace, stainless steel appliances and great storage.
Each unit has 2 separate entrances and individual climate control. There is large & lovely front porch and entry with foyer. Parking for 2 cars on-site PLUS treed backyard garden, patio and garage.
NB: Main floor and second/third floor suites will be vacant on closing allowing you set rents at market value.
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 4.17% and a potential yearly net income of $81,000.
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 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.
| Room | Dimensions | Level | Features |
|---|---|---|---|
| Foyer | 10'10" x 5' | Main-1 | Broadloom, closet, closet w/stackable W/D |
| Living Room | 14'7" x 12'6" | Main-1 | Broadloom, gas fireplace w/electric fan, bay window |
| Kitchen | 8'1" x 6'9" | Main-1 | Vinyl floor, ceramic backsplash, stainless steel appliances: Fisher & Paykel fridge, Whirlpool stove. Window |
| Bedroom | 11'10" x 11' | Main-1 | Broadloom, closet, window |
| 4 Piece Bathroom | Main-1 | Tile floor | |
| Mudroom | 9'9" x 7'6" | Main-1 | Vinyl floor, window, walkout to yard |
| Living Room | 21' x 12'9" | Second-2 | Hardwood floor, closet, gas fireplace w/electric fan, bay window |
| Dining Room | 14'9" x 10' | Second-2 | Hardwood floor, dbl closet w/stackable Electrolux W/D, lots of windows, open to kitchen |
| Kitchen | 11'2" x 10'8" | Second-2 | Ceramic floor (heated), ceramic backsplash, granite counter, stainless steel appliances: Electrolux fridge, stove, microwave & Miele dishwasher. Breakfast bar |
| 4 Piece Bathroom | Second-2 | Vinyl floor, pot lights, window | |
| Master Bedroom | 14' x 12'5" | Third-2 | Broadloom, W/I closet, 3 pc en-suite, window |
| 3 Piece En-suite | Third-2 | Heated ceramic floor, wall cabinets, pot lights, pocket door, window | |
| 2nd Bedroom | 12'4" x 11' | Third-2 | Broadloom, closet, window |
| Living Room | 15' x 9' | Lower-3 | Laminate floor, stackable WD, pot lights, above grade window |
| Dining | 11' x 9' | Lower-3 | Laminate floor, open to dining, above grade window |
| Kitchen | 11'2" x 9'7" | Lower-3 | Laminate floor, ceramic backsplash, breakfast bar, stainless steel appliances., pot lights, above grade window |
| Bedroom | 10'10" x 9'10" | Lower-3 | Laminate floor, double closet, pot lights, above grade window |
| 4 Piece Bathroom | Lower-3 | Ceramic floor |
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.
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