$3,690,000Asking Price
996-998 Avenue Rd
Forest Hill, Toronto
Attention Builders, Investors, and Visionaries! Explore an exceptional detached legal fourplex strategically positioned at one of Toronto's most prestigious intersections: Avenue Rd and Eglinton. This rare find sits on an expansive lot measuring 50 x 111.66 feet, offering immense potential for redevelopment or continued rental income. Each of the four legal units spans approximately 1000 square feet, featuring 2 bedrooms and 1 bathroom.Recent upgrades include comprehensive waterproofing and insulation, newly renovated kitchens and bathrooms, and freshly painted units. The property boasts a brand-new boiler system and recently renovated roofs, ensuring efficiency and low maintenance for years to come. Located mere steps from the new Eglinton Crosstown LRT and the Yonge-Eglinton TTC subway, this prime investment property offers unparalleled convenience. Enjoy easy access to a vibrant array of restaurants, banks, groceries, and community centers, making it an ideal choice for tenants and future residents alike.Discover the vibrant local scene with shops and dining options just footsteps away, coupled with proximity to top-rated public and private schools. Don't miss this opportunity to capitalize on both the location and potential of this property!
Attention Builders, Investors, and Visionaries! Explore an exceptional detached legal fourplex strategically positioned at one of Toronto's most prestigious intersections: Avenue Rd and Eglinton. This rare find sits on an expansive lot measuring 50 x 111.66 feet, offering immense potential for redevelopment or continued rental income. Each of the four legal units spans approximately 1000 square feet, featuring 2 bedrooms and 1 bathroom.Recent upgrades include comprehensive waterproofing and insulation, newly renovated kitchens and bathrooms, and freshly painted units. The property boasts a brand-new boiler system and recently renovated roofs, ensuring efficiency and low maintenance for years to come. Located mere steps from the new Eglinton Crosstown LRT and the Yonge-Eglinton TTC subway, this prime investment property offers unparalleled convenience. Enjoy easy access to a vibrant array of restaurants, banks, groceries, and community centers, making it an ideal choice for tenants and future residents alike.Discover the vibrant local scene with shops and dining options just footsteps away, coupled with proximity to top-rated public and private schools. Don't miss this opportunity to capitalize on both the location and potential of this property!
See MoreKey Info
- 2-Storey Fourplex
- 4 Parking
- Garage
- Avenue Road And Eglinton Ave
- 3500-5000 Approximate Sq Feet
- 51-99 Years Approximate Age
- Radiant Gas Heating
- No A/C
Property
- Taxes were $10,843 in 2024
- Possession: 60/TBA
Details
- Brick Exterior
- No Fireplace
- 4 Kitchens
- MLS #C9372080
- SKYLAND REALTY INC.
Extras
- Hardwood flooring throughout all units. Mutual driveway and private parking for four units. Separate hydro meters, 4 washers and 4 dryers. 4 Kitchen appliances.
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Bedroom | Main | 11.52' x 10.01' | |
| 2 | 2nd Bedroom | Main | 10.50' x 10.01' | |
| 3 | Bedroom | Main | 11.52' x 10.01' | |
| 4 | 2nd Bedroom | Main | 10.50' x 10.01' | |
| 5 | Bedroom | 2nd | 11.52' x 10.01' | |
| 6 | 2nd Bedroom | 2nd | 10.50' x 10.01' | |
| 7 | Bedroom | 2nd | 11.52' x 10.01' | |
| 8 | 2nd Bedroom | 2nd | 10.50' x 10.01' | |
 | 2 4-Piece Bathrooms on Main Floor | |||
| 2 4-Piece Bathrooms on 2nd Floor | |||
How Far is Too Far?
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Who lives here?
Forest Hill, Toronto is a central Toronto neighbourhood notable for its renters, university grads, executives and business, health and education, law & public sector professionals. Residents tend to be older with a significant number of adults aged 60 to 64 and seniors aged 65 to 74.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
47%
of residents are
single and loving it.
47% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
56%
of residents
are renters.
56% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
72%
of residents are
university grads.
72% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$406K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Government | 13% |
| Business | 13% |
| Management | 11% |
| Sales | 11% |
| Health | 6% |
Immigrants
29%
of residents were
born outside of Canada.
29% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
2.6% from USA
All-time
Birthplace - Recent
0.7% from Philippines
Recent
Foreign Languages
Foreign Languages
| Spanish | 2% |
| French | 2% |
| Tagalog | 2% |
| Russian | 1% |
| Mandarin | 1% |
Religions
Religions
| Christian | 44% |
| Jewish | 30% |
| Muslim | 2% |
| Buddhist | 1% |
| Hindu | 1% |
Social Housing
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
