Sold on Jan 24, 2024
Note: Property is not currently for sale or for rent.
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Type: Fourplex
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Style: Bungalow
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Size: 1100 sqft
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Lot Size: 42.5 x 141.75 Feet
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Age: No Data
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Taxes: $3,381 per year
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Days on Site: 78 Days
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Added: Nov 07, 2023 (2 months on market)
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Updated:
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Last Checked: 9 hours ago
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MLS®#: W7281406
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Listed By: Re/max experts
Amazing Opportunity! Fourplex ready for your personal touch! Have 3 units paying your mortgage! Unit A will be vacant Jan 31. Can be converted into 2 separate self contained units. Unit B is tenanted and current A++ tenant wants to sign a new lease to stay. Future potential to have 4 self contained units when last tenant leaves. Currently a 5.6% cap rate. Can be up to 7.6%+ cap as a 3 unit property. Savvy investors should run the numbers on this property! Currently Providing $73k/year Rent. Can make more than $100k yearly Rent as a 4 unit property in the future with minimal money spent on renovation. Zoned as a Multiplex - Residential property with four self-contained units.
Extras
2-Full Kitchens, 2 Washers & Dryers, New A/C. Split Fenced-In Backyard For Tenants Privacy. Rough In's For 2 Additional Kitchens In Basement. Interior photos are from before tenants moved in.
Status
Days on Market: 78
Last Status: Sold
Sold Date: Jan 24, 2024
Closed Date: Mar 27, 2024
Expiry Date: Feb 29, 2024
Sold Price: $1,075,000
Unavailable Date: Feb 08, 2024
Input Date: Nov 07, 2023
Property
Status: Sale
Property Type: Fourplex
Style: Bungalow
Size (sq ft): 1100
Area: Toronto
Community: Humber Heights
Availability Date: 02/01/24TBD
Inside
Bedrooms: 4
Bedrooms Plus: 3
Bathrooms: 4
Kitchens: 2
Rooms: 15
Den/Family Room: Yes
Air Conditioning: None
Fireplace: Yes
Laundry Level: Lower
Washrooms: 4
Building
Basement: Finished
Basement 2: Sep Entrance
Heat Type: Forced Air
Heat Source: Gas
Exterior: Brick
Exterior: Stucco/Plaster
Water Supply: None
Special Designation: Unknown
Parking
Driveway: Private
Garage Type: None
Covered Parking Spaces: 7
Total Parking Spaces: 7
Fees
Tax Year: 2022
Tax Legal Description: See Sched B
Taxes: $3,381
Highlights
Feature: Fenced Yard
Feature: Golf
Feature: Park
Feature: Public Transit
Feature: River/Stream
Feature: School
Land
Cross Street: Royal York/Dixon
Municipality District: Toronto W09
Fronting On: South
Pool: None
Sewer: Sewers
Lot Depth: 141.75 Feet
Lot Frontage: 42.5 Feet
Lot Irregularities: Irregular Pie Shaped
Car-Dependent
- Most errands require a car.
Excellent Transit
- Most errands can be accomplished by public transportation.
Bikeable
- Some errands can be accomplished on bike.
Westmount Junior School
Elementary: PublicValleyfield Junior School
Elementary: PublicSt Eugene Catholic School
Elementary: CatholicSt John the Evangelist Catholic School
Elementary: CatholicHilltop Middle School
Elementary: PublicH J Alexander Community School
Elementary: PublicSchool of Experiential Education
Secondary: PublicYork Humber High School
Secondary: PublicScarlett Heights Entrepreneurial Academy
Secondary: PublicDon Bosco Catholic Secondary School
Secondary: CatholicWeston Collegiate Institute
Secondary: PublicRichview Collegiate Institute
Secondary: Public-
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