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.
Flexible 60-89 Days. Purchaser Assumes All Tenancies. Sept 1 Closing Ok.
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Inclusions
All existing light fixtures, window coverings, appliances belonging to the seller, boiler system, supplemental HVAC equipment, ductless A/C units, coin-operated laundry equipment, and all permanent fixtures attached to the property not otherwise excluded.
Exclusions
Tenant-owned belongings and appliances, if any. Any staging items.
Details
Property Features
Arts Centre, Park, Place Of Worship, Public Transit, Ravine, School
Bathroom 1
5-Piece Lower Level
Bathroom 2
4-Piece Main Level
Bathroom 3
2-Piece Main Level
Bathroom 4
4-Piece Second Level
Bathroom 5
4-Piece Third Level
Basement
Apartment, Finished with Walk-Out, Separate Entrance, Full, Walk-Out, Finished
Interior Features
Accessory Apartment, Auto Garage Door Remote, Built-In Oven, ERV/HRV, Separate Heating Controls, Separate Hydro Meter, Storage, Water Heater, Water Meter