$1,068,000

House For Sale In Downsview, Toronto, Ontario

$1,068,000
  • 5

    Bedrooms

  • 3

    Baths

  • 2

    Parking Spaces

Property Information:

Located in North York, just minutes from York University, public transit, shopping, restaurants, parks and everyday amenities, this property offers an investment opportunity with established rental income and additional potential. The property features 5 rented rooms, all currently occupied. Current monthly rents are $1,250 for each of two rooms with balconies, $1,150 for each of two additional rooms, and $1,650 for the top-level room, generating a total of $6,450 per month in current rental income.The unfinished basement offers potential for additional living space, including the possibility of two bedrooms, subject to applicable approvals and permits. Conveniently located in a well-connected North York neighbourhood, this property provides current rental income with potential for future improvements.

Inclusions: All existing light fixtures, All existing window coverings, All existing appliances (S/S refrigerator, S/S dishwasher, S/S hood, S/S stove, stacked washer/dryer)

Property Features:

  • Bedrooms: 5
  • Bathrooms: 3
  • Annual Tax Amount: $5,850
  • Approximate Age: 0-5
  • Architectural Style: 3-Storey
  • Basement: Unfinished
  • Construction Materials: Brick, Concrete
  • Cooling: Central Air
  • Floor Space (approx): 2500-3000 Square Feet
  • Foundation Details: Concrete
  • Garage Type: Detached
  • Heat Type: Forced Air
  • Interior Features: None
  • Lot Depth: 69.2 Feet
  • Lot Frontage: 14.78 Feet
  • Lot Shape: Irregular
  • Parking Features: Lane
  • Pool Features: None
  • Property Features: Hospital, Library, Park, Place Of Worship, Public Transit, School
  • Roof: Flat
  • View: Clear
  • Heat Source: Gas
  • Water: Municipal
  • Sewer: Sewer
  • No. of Parking Spaces: 2

Rooms:

  • Living Main Level 4.48 m x 3.69 m
  • Kitchen Main Level 4.48 m x 3.29 m
  • Bedroom 2nd Level 4.48 m x 3.69 m
  • Bedroom 2nd Level 4.48 m x 4.08 m
  • Bedroom 3rd Level 4.48 m x 3.69 m
  • Bedroom 3rd Level 4.48 m x 4.08 m
  • Primary Bedroom Other level :Upper 4.57 m x 3.93 m

Courtesy of: Royal LePage Signature Realty

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved