Fully Renovated Multi-Unit Victorian with Newly Built 3+1 Bedroom Laneway House in Prime Downtown Central Location. This is a special combination of charm and contemporary features in one of the deepest, widest lots available on the market. Rent all the units or live in one and rent out the others. There are 3 apartments in the main house and 2 in the laneway. All units are currently rented to AAA tenants at premium market rent. These units were leased within days of listing, with multiple offers, some above asking. Each unit has its own thermostat and separate meter. ATTENTION INVESTORS: This property is hands-off, worry-free, low maintenance, and generates one of the most competitive cap rates you will find downtown. See financials attached. For details and photos of the houses, see the attached brochure. Renovations done with complete permits and survey, docs attached.
Address |
19 Grange Ave |
List Price |
$3,999,999 |
Property Type |
Free |
Type of Dwelling |
Semi-Detached |
Style of Home |
3-Storey |
Area |
Toronto C01 |
Sub-Area |
Kensington-Chinatown |
Bedrooms |
8 |
Bathrooms |
8 |
Floor Area |
3,500 Sq. Ft. |
MLS® Number |
C8261310 |
Listing Brokerage |
REAL BROKER ONTARIO LTD.
|
Postal Code |
M5T 1C6 |
Tax Amount |
$9,567 |
Tax Year |
2023 |