20 Belvidere Ave
Cedarvale
Property Details
Status: Sold
Asking Price: $1,069,000
Sold Price: $1,025,000
Style: 2-Storey
Taxes: $4,175.38 / 2014
Garage Type: 2.0 Detached
Total Parking Spaces: 4
Bedrooms: 4
Bathrooms: 3
Kitchens: 3
Basement: Apartment
More Features: Park, Public Transit, Ravine, School
MLS #: C3253363
Are you looking to get your foot in the real estate market but can’t seem to find a property you can afford? Look no further because we’re offering a three unit dwelling with a choice of two fabulous two-plus-one-bedroom apartments that can accommodate an owner/occupier. Live and enjoy this character filled space with expansive rooms and stylish interior and watch your equity grow and your mortgage subsidized by your tenants.
This property is versatile and perfect for professional singles or couples, empty nesters, as a condo alternative, someone downsizing, siblings and friends co-habiting too.
Investors are you watching your capital erode in the money markets? Is your money sitting in the bank earning pennies? This property has a potential cap rate of approximately 5.2% with capital appreciation too.
Its desirable urban location steps to the subway will make it easy for the investor to rent these units and enjoyable for an owner who wants to occupy one of them.
We’re excited to bring this rare offering to market.
| Room | Dimensions | Level | Features |
|---|---|---|---|
| Living | 14.2×13 ft (4.3×4 m) | Main | Hardwood Floor, Crown Moulding, Window |
| Dining | 13×11 ft (4×3.4 m) | Main | Hardwood Floor, O/Looks Living, Crown Moulding |
| Kitchen | 13×8.1 ft (4×2.5 m) | Main | Ceramic Floor, Double Sink, Ceramic Back Splash |
| Master | 13×10.3 ft (4×3.2 m) | Main | Hardwood Floor, W/I Closet, Window |
| 2nd Br | 13.5×9.1 ft (4.1×2.8 m) | Main | Hardwood Floor, Closet |
| 3rd Br | 10.1×8.2 ft (3.1×2.5 m) | Main | Broadloom, Window, Combined W/Master |
| Living | 14×12.8 ft (4.3×3.9 m) | Lower | Broadloom, Above Grade Window |
| Kitchen | 12.1×8.2 ft (3.7×2.5 m) | Lower | Ceramic Floor, Ceramic Back Splash, Above Grade Window |
| Master | 12.4×10.5 ft (3.8×3.2 m) | Lower | Ceramic Floor, Above Grade Window, 3 Pc Bath |
| 2nd Br | 12.7×9 ft (3.9×2.7 m) | Lower | Ceramic Floor, Above Grade Window |
Living in Cedarvale
Cedarvale, Toronto is bordered by Hillcrest Village to the south, Upper Forest Hill to the north, and Lower Forest Hill to the east. The magnificent Cedarvale Ravine running diagonally through the whole neighbourhood shapes the city’s most beautiful natural landscape.
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