31 Glebe Road East, Toronto | Image 1

31 Glebe Road East

Toronto, Mount Pleasant West

  • Commercial

$3,395,000
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: Residential

  • Age: No Data

  • Taxes: 13690.64

  • MLS®#: C11946314

  • Days on Site: 14 Days

  • Added: Jan 29, 2025 (2 months ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTATE

Welcome to 31/33 Glebe Rd E, a fully detached fourplex in one of Midtown Toronto's most desirable rental locations. Situated on a prime street in the heart of Davisville just steps to Yonge & Eglinton, this income-generating property is a rare investment opportunity with exceptional value & long-term potential. Offering four spacious self-contained units, this property is perfect for investors or owner-occupied buyers looking to capitalize on a high-demand rental market. The property features two well-appointed two-bedroom apartments on the upper floors & two expansive three-bedroom apartments spanning main and lower levels. With separate hydro meters, tenants are responsible for their own heat & hydro, ensuring minimal expenses & maximizing net income. Each unit is designed for comfortable living, making it an attractive choice for tenants seeking space, convenience, & accessibility. With 4 car garage (2 currently used as storage) plus 3 car parking on a private drive, parking is extremely easy & convenient. Located just steps from premier shopping, dining, & TTC transit, this property is in an unbeatable location as a rental or there is an opportunity to convert to two single family semi-detached homes. Whether you're expanding your investment portfolio or looking for a multi-unit home in a thriving neighbourhood, or looking for an opportunity to build & renovated, this turnkey property is a fantastic opportunity. **EXTRAS** Don't miss your chance to own this prime Midtown gem!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Toronto

  • Community: Mount Pleasant West

  • Availability Date: TBD

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Heat Type: Baseboard

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Double Detached

  • Covered Parking Spaces: 7

Fees

  • Tax Year: 2024

  • Tax Legal Description: PLAN 1789 PT LOT 33

  • Taxes: $13,691

  • Taxes Type: Annual

Land

  • Cross Street: Yonge & Davisville

  • Municipality District: Toronto C10

  • Lot Depth: 120 Feet

  • Lot Frontage: 58.42 Feet

  • Zoning: Residential

Commercial Specific

  • Total Area: 5376

  • Total Area Metric: Sq Ft

  • Lot Code: Building

  • Financial Statement: N

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Walker's Paradise

  • Daily errands do not require a car.
99 /100

Rider's Paradise

  • Daily errands do not require a car.
91 /100

Bikeable

  • Some errands can be accomplished on bike.
68 /100
7-8

Spectrum Alternative Senior School

Elementary: Public
0.21 km
JK-8

St Monica Catholic School

Elementary: Catholic
0.98 km
7-8

Hodgson Senior Public School

Elementary: Public
0.84 km
JK-6

John Fisher Junior Public School

Elementary: Public
1.19 km
JK-6

Davisville Junior Public School

Elementary: Public
0.22 km
JK-6

Eglinton Junior Public School

Elementary: Public
0.85 km
9-12

Msgr Fraser College (Midtown Campus)

Secondary: Catholic
0.65 km
Pre-Grade 9-12

Leaside High School

Secondary: Public
2.11 km
9-12

Marshall McLuhan Catholic Secondary School

Secondary: Catholic
1.38 km
9-12

North Toronto Collegiate Institute

Secondary: Public
0.96 km
9-12

Lawrence Park Collegiate Institute

Secondary: Public
2.62 km
9-12

Northern Secondary School

Secondary: Public
1.10 km
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