$1,199,000Asking Price
Introducing a prime real estate opportunity in the heart of East York - a meticulously maintained investment property with immense potential.Currently operating as a duplex with A+ tenants on the upper floor, this property is expertly structured for effortless conversion into a triplex,presenting a lucrative opportunity for savvy investors. Each unit offers its own separate entrance, has a separate 100 amp hydro meter but home could easily convert back into a single-family home, making this the perfect opportunity for an investor looking for a flexible space.This main floor unit offers a perfect blend of comfort and convenience, with a generously sized bedroom and well-appointed large kitchen with direct access to covered terrace in the backyard, as well as parking for two vehicles.Lower unit has been upgraded with vapour barrier and soundproofed and is a versatile space that can easily be transformed into a charming one-bedroom apartment. or could be the perfect opportunity for an intergenerational family setup, accommodating diverse living arrangements for modern families.Expansive upper unit boasts two bedrooms and a spacious family room with a new gas fireplace. Family room provides the option for it to double as a third bedroom, home office or cater to a variety of tenant needs.Don't miss the chance to invest in this mechanically sound property, with a new oversized state-of-the-art boiler for rads and water tank, an updated plumbing system and a foundation recently waterproofed and under warranty, this home is rare find in a coveted community. Located steps to parks, hospitals, schools, transit and all of the amenities that make East York one of the most sought after places in the GTA.
Introducing a prime real estate opportunity in the heart of East York - a meticulously maintained investment property with immense potential.Currently operating as a duplex with A+ tenants on the upper floor, this property is expertly structured for effortless conversion into a triplex,presenting a lucrative opportunity for savvy investors. Each unit offers its own separate entrance, has a separate 100 amp hydro meter but home could easily convert back into a single-family home, making this the perfect opportunity for an investor looking for a flexible space.This main floor unit offers a perfect blend of comfort and convenience, with a generously sized bedroom and well-appointed large kitchen with direct access to covered terrace in the backyard, as well as parking for two vehicles.Lower unit has been upgraded with vapour barrier and soundproofed and is a versatile space that can easily be transformed into a charming one-bedroom apartment. or could be the perfect opportunity for an intergenerational family setup, accommodating diverse living arrangements for modern families.Expansive upper unit boasts two bedrooms and a spacious family room with a new gas fireplace. Family room provides the option for it to double as a third bedroom, home office or cater to a variety of tenant needs.Don't miss the chance to invest in this mechanically sound property, with a new oversized state-of-the-art boiler for rads and water tank, an updated plumbing system and a foundation recently waterproofed and under warranty, this home is rare find in a coveted community. Located steps to parks, hospitals, schools, transit and all of the amenities that make East York one of the most sought after places in the GTA.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Kitchen | Main | 14.44' x 10.60' | Tile Floor, Eat-in Kitchen |
2 | Kitchen | Lower | 6.99' x 11.25' | Tile Floor |
1 4-Piece Bathroom on Main Floor | ||||
1 4-Piece Bathroom | ||||
1 4-Piece Bathroom |
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Central East York, Toronto is a central Toronto neighbourhood notable for its executives and education, law & public sector and arts & culture professionals. It has a higher than average population of immigrants from Greece, and Greek speakers. Residents tend to be older with a significant number of babies, kids aged 5 to 9, adults aged 35 to 54 and seniors aged 65 to 69.
Kids Per Family
1.1
kids per family
in the neighbourhood.
45%
of residents are
single and loving it.
45% singles
Toronto (50%)
40%
of residents
are renters.
40% renters
Toronto (47%)
46%
of residents are
university grads.
46% university grads
Toronto (48%)Average Household Income
$119K
is the average household
income in the neighbourhood.
Professions
Sales | 13% |
Business | 11% |
Government | 10% |
Management | 10% |
Culture | 6% |
37%
of residents were
born outside of Canada.
37% immigrants
Toronto (48%)7.0% from Greece
All-time
0.6% from Philippines
Recent
Foreign Languages
Greek | 10% |
Cantonese | 3% |
French | 3% |
Tagalog | 2% |
Italian | 2% |
Religions
Christian | 67% |
Muslim | 5% |
Buddhist | 2% |
Jewish | 1% |
Social Housing Buildings
1
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.