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Toronto C02, ON M4V 1T1
Price
$3,750,000
Building Size
4,800 sq ft
Lot: 3,670 sq ft
MLS# C13144392 | Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Business Details
Business Type
Apts - 2 To 5 Units
Property Use
Apartment
Franchise
No
Commercial Space & Financials
Office / Apt Area
4,800 sq ft
Taxes (Annual)
$9,100.31
Industrial Specifications
Parking
3 spaces (Other)
Lot Size
45.1' × 79.5'
Structure
Freestanding
Property Description
Legal five-unit residence in Forest Hill South, on a quiet corner at Spadina Road and steps to Forest Hill Village. Fully tenanted and generating strong in-place income across five self-contained, separately metered suites.Approximately 4,800 square feet above grade over three storeys plus a finished lower level, arranged as a two-bedroom main-floor suite with walk-out to a private landscaped garden, a one-bedroom lower suite with separate entrance, and three upper apartments. Several suites have been recently renovated with new flooring, lighting, fixtures and stainless appliances.The significant capital work is already complete: comprehensive rewiring, copper plumbing upgrades and replacement windows between 2013 and 2015, together with a gas-fired boiler and air conditioning installed in 2014. Five hydro meters allow tenant-paid electricity. Separate laundry serves the main and lower suites; the upper apartments share coin-operated laundry. Three parking spaces including an attached garage. A rare income holding in one of Toronto's most established residential pockets, minutes to top-ranked schools, parks, transit, and the shops and restaurants of Forest Hill Village. Full financial statements available. Some images may be virtually staged.
Price & Status History
Price history is locked
Location
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18 Shorncliffe Avenue, Toronto C02 M4V 1T1
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Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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