95 Braemore Gdns.
Central Toronto - Wychwood
Property Details
Status: Sold
Asking Price: $2,169,000
Sold Price: $2,250,000
Type: Detached
Style: 2 Storey
Lot Size: 22.5 x 175 ft. at front and 55 by 175 at back (pie-shaped lot)
Driveway: Mutual
Total Parking Spaces: 2
Bedrooms: 4 + 2
Bathrooms: 4
Kitchens: 2
Basement: Finished/Sep. Entrance
Heat: Hot Water/Gas
Air Conditioning: Wall Unit
Fireplace: Yes
Introducing a remarkable legacy property that’s sure to impress even the most discerning buyer or investor! It consists of three exceptional two bedroom units nestled on an extraordinary parklike, pie-shaped lot that is 175 feet deep and 55 feet wide at the back on coveted Braemore Gardens!
With spacious living areas and bedrooms, each unit feels more like a home than an apartment. Perfect for multigenerational living, siblings co-habiting, friends sharing, where you can all have your own private entrance. Also suitable for buyers who want to live in one executive suite and get fantastic income from the other. Alternatively, you can even turn it into a spectacular single family home with a park for a backyard!
Are you an investor looking to park your money in a turnkey, headache-free property with high-income growth? Total potential income is about $119,400 annually with $13,500 expenses delivering a cap rate of 4.88%. You won’t have to worry about tenants calling in the middle of the night because this building is loaded with quality materials and worry-free mechanics; roof, boiler and windows all new in 2018, new exterior doors, extensive sound proofing in underpinned 8-foot-high water-proofed basement, back water valve, sump pump, water heated concrete floors.
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.
Are you convinced yet that this property deserves serious consideration?
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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