Asking Price: $1,069,000
Sold Price: $1,291,000
Type: Semi Detached
Style: 2 storey
Garage Type: Attached
Total Parking Spaces: 2 spaces
More Features: Three unit dwelling comprising of 2 similar two bedroom units and one bedroom basement apartment (not legal). Gross income is approximately $64,600 with expenses of approximately $11,000.
MLS #: C3463362
Are you looking to get your foot in the real estate market but can’t seem to find a property you can afford? This week we’re offering a versatile dwelling with a choice of two stylishly renovated two bedroom apartments that can accommodate an owner/occupier plus a modern and bright basement apartment.
Live and enjoy this character filled space with soaring ceilings and modern interior and watch your equity grow and your mortgage subsidized by your tenants.
Investors, are you watching your capital erode in the money markets? Is your money sitting in the bank earning pennies? This investment will deliver a cap rate of approximately 5% with capital appreciation too.
This property is flexible and can suit siblings and friends co-habiting, investors, professional singles or couples and someone downsizing as a condo alternative.
The highly walkable area is steps to the Cedarvale Ravine, minutes to Heath St. W. subway, Forest Hill Village and a short walk to St Clair West making this a location great for anyone who loves urban city life.
If this isn’t enough you get your coveted secure double car garage and a property that was rated “above average” by the home inspector too.
|Living||13.6×10.4 ft (4.1×3.2 m)||Main||Hardwood Floor, O/Looks Dining, Window|
|Dining||9.6×9.6 ft (2.9×2.9 m)||Main||Hardwood Floor, O/Looks Living, Closet|
|Kitchen||9.6×6.8 ft (2.9×2.1 m)||Main||Ceramic Floor, Ceramic Backsplash,Stainles Steel Appl.|
|Master BR||13.3×9.3 ft (4.1×2.8 m)||Main||Hardwood Floor, Double Closet, Window|
|Br.2||12.6×10.2 ft (3.8×3.1 m)||Main||Hardwood floors, Closet, Window|