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$3,999,000
Est. payment /mo
8 Beds
4 Baths
UPDATED:
11/01/2024 07:21 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
MLS Listing ID C8317288
Style 3-Storey
Bedrooms 8
Annual Tax Amount $14,032
Tax Year 2023
Property Description
Fantastic investment in prime highly sought after Cabbagetown. ZONING and PERMITS ready - Build and live in a brand new Laneway house and rent out the rest! Two frontages, main on Amelia St and extended frontage on Jefferys Lane - plans approved for a 2,000 sq ft Laneway house/garden suite.High ~9 ft ceiling on three upper floors. 4 identical two bedroom apartments, one on each floor, separately metered for hydro, with an en-suite laundry, dishwasher, full 4 pc bathroom, a fireplace, exclusive outdoor space, and parking. Currently used as AirBnB with excellent income. 4th basement unit is gutted and ready for a reno. Can provide vacant possession. Can sell furnished. Heart of heritage Cabbagetown, surrounded by Victorian Houses, short walk to Riverdale Park, Rosedale Ravine, Parliament. Coveted Spruce Court PS school boundary. Easy access to downtown. Close to several subway stations.
Location
Province ON
County Toronto
Zoning Residential R(D1*851)
Rooms
Family Room No
Basement Apartment
Kitchen 4
Interior
Interior Features None
Cooling Other
Exterior
Garage Available
Garage Spaces 5.0
Pool None
Roof Type Unknown
Parking Type None
Total Parking Spaces 5
Building
Foundation Unknown
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Listed by VALUE INSIGHT REALTY INC.