ADDRESS
Call: 416-800-1055
PROPERTY TYPE
2-Storey, Duplex Property
11 + 3 Rooms Total, 2 Kitchens
LOT SIZE
17.08 x 139.80
PROPERTY FEATURES
Fin W/O Basement
Vinyl Siding Exterior
Book Showing
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SALES HISTORY
11/05/2024
FOR SALE
$1,600,000
PROPERTY TAXES
Call 416-800-1055
PROPERTY DESCRIPTION
This Unique And High-Performing Duplex, Generating $9,600 Per Month In Rental Income, Offers Both Current Cash Flow And Future Development Potential. The Property Features A 3-Bedroom Lane-Way House (Separately Metered) And A 4-Bedroom Main House With An Additional 2 Bedrooms In The Basement, Providing Ample Space For Tenants. Exciting Development Potential Awaits! The City Has Expressed Support For Converting The Property Into 4 Legal Units Fronting On Lippincott St. And 1 Legal Unit On Croft St., Offering A Rare Opportunity To Maximize The Property's Value. Located In A Prime Downtown Toronto Location, This Property Is A Short Walk To The University Of Toronto, Toronto General Hospital, Shopping, Community Centers, And More. This Is An Exceptional Opportunity For Investors Looking To Expand Their Portfolio In One Of Toronto's Most Sought-After Neighborhoods.
EXTRAS
2 Sets Fridges, Stoves, Washers/Dryers , Dishwasher , 2 Sets Of Furnace And Ac. 2 Sets Of Hydro And Gas Meter.
LEGAL DESCRIPTION
Pt Lt 56 Pl 112 Toronto As In Ct934129; City Of Toronto
Call: 416-800-1055
BATHROOMS
3-piece on 2nd level
3-piece on flat level
3-piece on bsmt level
FAMILY ROOM
Main Level, 3.90m x 3.90m
Hardwood Floor
BEDROOM
Main Level, 3.90m x 3.90m
Hardwood Floor
KITCHEN
Main Level, 4.70m x 3.70m
W/O To Patio
PRIM BDRM
2nd Level, 5.10m x 3.70m
Hardwood Floor
2ND BEDROOM
2nd Level, 3.70m x 2.70m
Hardwood Floor
3RD BEDROOM
2nd Level, 3.80m x 2.45m
Hardwood Floor
PRIM BDRM
Flat Level, 3.70m x 3.00m
Laminate, W/O To Patio
2ND BEDROOM
Flat Level, 3.70m x 3.00m
Laminate
3RD BEDROOM
Flat Level, 3.70m x 2.90m
Laminate
KITCHEN
Flat Level, 4.00m x 3.70m
Laminate
LIVING ROOM
Flat Level, 4.00m x 3.70m
Laminate
Book Showing
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