$1,275,000

House For Sale In Silverthorn, Toronto, Ontario

$1,275,000
  • 4+2

    Bedrooms

  • 4

    Baths

  • 16 x 108 FT

    Lot Size

Property Information:

This updated multiplex home presents a great turnkey investment opportunity in the Earlscourt neighborhood for those interested in investing in Toronto's freehold market! Fully rented with tenants in place, this property currently generates $6,520 per month ($78,240 annually) and a cap rate of 5.1% with potential for higher market rents. Live in the upper unit and have $4,265 monthly income .The house comprises 2 x 2-bedroom apartments on the upper levels and 1 x 1-bedroom apartment and 1 bachelor suite on the lower level, all with separate private entrances. The front basement apartment has a street-facing entrance. Additionally, the detached garage offers potential for a laneway suite build. The home boasts solid finishes throughout, such as hardwood floors on the upper levels, granite counters, and recently renovated bathrooms. There's a coin-operated mutual laundry area, and the property features central air conditioning and heating. **** EXTRAS **** All appliances included in the sale. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Development: Finished
  • Basement Type: N/A
  • Construction Style - Attachment: Semi-detached
  • Exterior Finish: Brick, Stucco
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Refrigerator, Stove, Two stoves, Washer

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 4+2
  • Bathrooms: 4
  • Amenities Nearby: Park, Public Transit, Schools
  • Features: Lane
  • Irregular: Yes
  • Lot Size: 16 x 108 FT
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage
  • No. of Parking Spaces: 1

Rooms:

  • Kitchen 2nd Level 4.53 m x 3.47 m
  • Living 2nd Level 4.53 m x 3.47 m
  • Bedroom 2nd Level 3.78 m x 2.79 m
  • 2nd Bedroom 2nd Level 3.64 m x 4.35 m
  • Bedroom Basement Level 3.02 m x 3.33 m
  • 2nd Bedroom Basement Level 2.23 m x 3.27 m
  • Kitchen Basement Level 3.56 m x 4.09 m
  • Living Basement Level 3.56 m x 4.09 m
  • Kitchen Main Level 4.96 m x 3.45 m
  • Living Main Level 4.96 m x 3.45 m
  • Bedroom Main Level 3.59 m x 2.84 m
  • 2nd Bedroom Main Level 3.59 m x 3.19 m

Courtesy of: RE/MAX ULTIMATE REALTY INC.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.