Toronto
14-Bedroom Residence in Toronto
14 bed · 16 bath · 3,500+ sq ft · lot 53 x 139.5 FT
$2,390,000
Exceptional Multi-Unit Rental Investment Opportunity In A Prime Toronto Location! Built In 2019,This Large Detached Property Offers Approx. 4,850 Sq.Ft Above Grade Plus Approx. 2,400 Sq.Ft. Basement, With A Flexible Multi-Suite Layout Designed (14 Bedrooms, 16 washrooms) For Strong Rental Income Potential. Current Layout Includes 6 Suite-Style Rooms On The Second Floor, 2 Suite-Style Rooms 2 Powder Rooms On The Main Floor, And 6 Suite-Style Bedrooms In The Basement-tremendous Upside With Approx. The Property Is Equipped With 3 Hot Water Tanks, 2 Furnaces And 2 HRVs,$100K-$150K Additional Investment Estimated To Complete The Remaining Renovations. Similar Completed Multi-Unit Rental Properties May Support A Market Value In The Approx. $2.8M-$3M Range. Potential To Explore CMHC Financing Options And Additional Garden House Opportunity In The Back Yard, Subject To Applicable Approvals. Convenient Location Close To TTC, Hwy 401/404/DVP, Shopping, Schools, Parks And Everyday Amenities. Priced To Sell! Rare Large-Scale Income Property With Huge Upside Potential. Don't Miss This Great Investment Opportunity! (id:66639)
Property information
- Asking price
- $2,390,000
- Bedrooms
- 14
- Bathrooms
- 16
- Above grade
- 3,500+ sq ft
- Approx. asking $/sq ft
- $683 or less
- Lot
- 53 x 139.5 FT
- Year built (from remarks)
- c. 2019
- Parking
- 4 spaces
- Property tax
- $14,326 / yr
- Basement
- Finished, Separate entrance
- MLS®
- C13413678
2652 Victoria Park Avenue, Toronto · MLS® C13413678 · Courtesy of ANJIA REALTY