Type
Semi-Detached
Rooms
11+4
Bedrooms
5+2
Bathrooms
4
Taxes
$6,855.57 (2021)
Sq Ft
3000-3500
Lot Size
19.67 x 109.65 Ft.
Parking
Laneway Parking (2)
Property Description
GRAB THE CHANCE TO OWN THIS AWESOME CASH-FLOW POSITIVE PROPERTY
This is the perfect rental property in Harbord Village – a solid, brick, 3-storey semi with a large deck and a wide yard plus laneway zoning potential! 105K+ annual net income and a cap rate of 4.22%, which is only expected to increase in the coming years. It has a total of 4 units that attract AAA tenants. All units have been renovated with major work done on the basement. The upper units are in good shape and may be left as is or renovated to suit your taste. This investment could not be better located. It is just minutes away from the groceries, subway, streetcar, UofT, JJC Rec Centre, LCBO, bars, and more. You have the option to rent all units or live-in and rent. There are 2 laneway parking spaces available with laneway zoning potential!
| Unit | Floor | Rooms | Rent/Mo. |
| A | Main | 2 Beds, 1 Bath | $3,000 |
| B | Basement | 2 Beds, 1 Bath | $1,675 |
| C | 2nd | 1 Bed, 1 Bath | $2,850 |
| D | 2nd/3rd | 2 Beds, 1 Bath | $2,500 |
UPGRADES AND IMPROVEMENTS
- Everything has been renovated since last purchase including the kitchen, floors, and bathrooms in all units.
- Major work was done in the basement – underpinned to 8-feet ceilings and a new walk-out!
- The main unit is rented as furnished.
INCLUSIONS
- Couch
- TV
- Queen bed & mattress
- Kitchen Table
- Kitchen appliances such as toaster, microwave oven, & kettle
Property Location
Gallery
