$3,995,000

1230 Avenue Rd

Lawrence Park South, Toronto, Ontario, M5N 2G6

| | | 5,000 sq.ft. |
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Discover an incredible investment opportunity with this impeccably maintained multiplex apartment building in the prestigious Lawrence park neigh'hood. Featuring 6 spacious 2 bdrm, 1 bathrm apartments, 5 of which are rented to reliable tenants plus one unit is currently landlord occupied. This property guarantees immediate income. The landlord's apt is extra luxe with a large jacuzzi tub-offers the option for you to live in luxury in that unit or rent it at market price. Upper floor apts have electric fireplaces. Situated in highly sought-after public school district & close to private schools. The building is within walking distance to parks, dining, shopping, steps from public transit. 3 apts have been significantly reno'd with main & upper floor units boasting ductless AC. Upper floor apts have 18 foot cathedral ceilings w/ 2 large skylights each. Additional income streams come from parking & coin operated laundry machines. Each apartment has metered hydro; lower level units pay for their heat while enjoying walk-outs. Wiring and plumbing brought up to date. Fenced yard. Income and expenses as an attachment to MLS.

Property Info
MLS®: C9242163
Listing Courtesy of RE/MAX REALTRON REALTY INC.
Total Bedrooms 8
Total Bathrooms 6
Basement Fin W/O
Floor Space 5000 sq.ft.
Lot Size 8686 sq.ft.
Style 2-Storey
Last Updated 2024-08-06
Property Type Multiplex
Listed Price $3,995,000
Unit Pricing $799/sq.ft.
Strata Fee $
Tax Estimate $12,539/Year
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