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$ 3,995,000
Est. payment /mo
Active
1230 Avenue RD Toronto C04, ON M5N 2G6
8 Beds
6 Baths
UPDATED:
11/13/2024 05:52 PM
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
MLS Listing ID C9242163
Style 2-Storey
Bedrooms 8
Annual Tax Amount $12,539
Tax Year 2023
Property Description
Discover an incredible investment opportunity with this impeccably maintained multiplex apartment building in the prestigious Lawrence park neigh'hood. Featuring 6 spacious 2 bdrm, 1 bathrm apartments, 5 of which are rented to reliable tenants plus one unit is currently landlord occupied. This property guarantees immediate income. The landlord's apt is extra luxe with a large jacuzzi tub-offers the option for you to live in luxury in that unit or rent it at market price. Upper floor apts have electric fireplaces. Situated in highly sought-after public school district & close to private schools. The building is within walking distance to parks, dining, shopping, steps from public transit. 3 apts have been significantly reno'd with main & upper floor units boasting ductless AC. Upper floor apts have 18 foot cathedral ceilings w/ 2 large skylights each. Additional income streams come from parking & coin operated laundry machines. Each apartment has metered hydro; lower level units pay for their heat while enjoying walk-outs. Wiring and plumbing brought up to date. Fenced yard. Income and expenses as an attachment to MLS.
Location
Province ON
County Toronto
Area Lawrence Park South
Rooms
Family Room No
Basement Finished with Walk-Out, Apartment
Kitchen 6
Separate Den/Office 4
Interior
Interior Features Other
Cooling Wall Unit(s)
Fireplace Yes
Heat Source Gas
Exterior
Garage Lane
Garage Spaces 2.0
Pool None
Waterfront No
Roof Type Shingles
Total Parking Spaces 6
Building
Unit Features Fenced Yard,Park,Public Transit
Foundation Block
Listed by RE/MAX REALTRON REALTY INC.