
$2,389,000
Toronto · Annex
$2,390,000
Added 16 days ago
Property type
Detached
Style
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2-Storey
Size
3500-5000 sqft
Lot
53 × 139.5 Feet
Parking
4.0 spaces
Taxes
$14,326 /yr
MLS®
C14109352
Listed by
ANJIA REALTY
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!
2652 Victoria Park Avenue, Toronto, ONGet directions
Estimate your monthly payment
Estimated monthly payment
$10,617/mo
Principal + interest
$10,617
Total interest
$1,273,000
Estimate only. Excludes property taxes, heating and maintenance. Rates and terms subject to lender approval.
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