Asking Price: $819,000
Sold Price: $825,300
Taxes: $4,506.29 / 2013
Garage Type: Front Yard
Total Parking Spaces: 2
More Features: Library, Park, Public Transit, School
MLS #: C2816782
Are you renting and contributing to your landlord’s mortgage? Invest in your future instead and consider buying this three unit dwelling.
Live cheaply in the oversized one bedroom main floor suite while collecting $2,450 a month rent from the other two units. Expansive two bedroom basement apartment with 7 foot ceiling height and a gorgeous second/third floor three bedroom apartment to assist with your expenses and mortgage payment.
If you’re looking for a solid investment opportunity in a great location, with rare two car parking, then this is the one. A stroll away from the flights of St Clair West and Davenport Road offering European style bakeries, bistro style restaurants, gourmet food shops, subway, good schools and every city amenity imaginable.
Current annual income of $48,000 generates a 4.7% cap rate with the potential to increase the annual rent to $58,000 with a cap rate of 6%.
We will not conduct public open houses on this property so call us for a private viewing, if you’re not under contract with another brokerage, or if you want to receive the financial statements.
|Living||12×15.4 ft (3.7×4.7 m)||Main||Hardwood Floor, Fireplace, Window|
|Kitchen||11.2×15.5 ft (3.4×4.7 m)||Main||Hardwood Floor, Combined W/Dining, Renovated|
|Master||9×12 ft (2.8×3.7 m)||Main||Broadloom, Semi Ensuite, Closet|
|Living||10.7×14 ft (3.3×4.3 m)||Second||Fireplace, Bay Window, Combined W/Dining|
|Dining||9×9 ft (2.8×2.8 m)||Second||Laminate, O/Looks Living, Ceiling Fan|
|Kitchen||10.4×11.2 ft (3.2×3.4 m)||Second||Renovated, Ceramic Back Splash, B/I Microwave|
|2nd Br||9.4×11.5 ft (2.9×3.5 m)||Second||Broadloom, Closet|
|Master||9.3×16.4 ft (2.8×5 m)||Third||Broadloom, Ensuite Bath, W/O To Balcony|
|3rd Br||14×15.4 ft (4.3×4.7 m)||Third||Hardwood Floor, Closet, Window|
|Living||16.5×19 ft (5×5.8 m)||Lower||Broadloom, Combined W/Dining, Above Grade Window|
|Master||8.8×9.3 ft (2.7×2.8 m)||Lower||Broadloom, Closet, Above Grade Window|
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