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Newly constructed, custom 3-unit property with primary home (main house), legal basement suite and rear coach house. The primary home has 4-bedrooms, 4-bathrooms (50B Lanark main unit rented with multiple offers in May 2024 for $5,000/month). The 3-bedroom Rear coach house is leased for $3,200/month, and the 2-bedroom basement suite, which is accessible by a separate exterior entrance at the rear, is leased for $2,300/month. Approximated annual rent of $127,800 and net operating income of $116,410 (see financials attachment to this listing). The primary home has been left vacant to provide optionality to the buyer to decide whether to live in the main unit or rent it out. Because of the unique separation between the primary home and the basement suite/coach house, Buyers can choose to live in the primary home while earning substantial income from the basement and coach house. This property is not subject to Ontario rent increase limits as it is newly constructed, and rent prices can be increased annually to levels set by the Landlord. The primary home has a Main floor Powder Room and mud-room, Custom-built eat-in kitchen with floor to ceiling pantry for ample storage. Oversized Master Bedroom With tons of natural light, His and Her Custom millwork Closets, and master bedroom ensuite with a Free-Standing Tub, Double Vanity and an oversized glass shower. Large private Third floor balcony; inverted metal standing seam roof. The property is steps to shops on Eglinton, Cedarvale Park, Leo Baeck Day School and Eglinton Station/Crosstown.
Ontario4+2 Beds 5 Baths Discover this rare gem in the heart of the coveted Junction/High Park area legal duplex meticulously crafted for multi-generational...
Ontario - Toronto"Step into this cherished and exceptional legal duplex, ideal for multi-generational families or savvy investors. Boasting a total of 6 bedrooms and 5 bathrooms, this home is an absolute marvel! Recently renovated and it resides in the highly sought-after Junction/High Park area. With two 3-bedroom...
Ontario - Toronto4+2 Beds 5 Baths Discover this rare gem in the heart of the coveted Junction/High Park areaa legal duplex meticulously crafted for multi-generational...
Ontario - TorontoSuperb South Riverdale Location!!! Currently Rented As 2 Separate Residential Units Approx: $5,000/M, Leased To...
Ontario - Toronto4+2 Beds 5 Baths Step into this cherished and exceptional legal duplex, ideal for multi-generational families or savvy investors. Boasting a total...
Ontario - TorontoCalling All Investors!! Step into this cherished and exceptional legal duplex, ideal for multi-generational families or savvy investors. Boasting a total of 6 bedrooms...
Ontario - Toronto"Step into the realm of luxury living with this exceptional legal duplex, a haven crafted for multi-generational families or astute investors. Offering a total of...
Ontario - Toronto!!! AAA LOCATION !!! Exceptional turn key Investment opportunity in the growing Islington-City Centre West area. Owner is retiring and Now is your chance to own...
Ontario - TorontoI want to get mails about Recently added "2 bedroom apartment unit toronto on at 5000" ads.
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