Prime 4-Unit Income Property, a rare opportunity in the heart of Roncesvalles, this stunning red double-brick classic home offers exceptional rental income for investors or savvy homeowners, with 4 incredible fully equipped, spacious 2-bedroom apartments. Each self-contained unit boasts modern upgraded kitchens with dishwashers, private entrances, and ensuite laundry for ultimate convenience. Thoughtfully designed with spacious layouts, the main floor features soaring ceilings and timeless character. The second floor offers a functional layout, a private balcony, and an oversized sunlit west-facing living room. The third floor is warm and inviting, with an open-concept kitchen and abundant natural light. The basement unit impresses as a true 2 bedroom apartment with large above-grade windows and a walkout to the backyard. Serviced by a high-efficiency boiler (2018) and a 400-amp electrical system, each unit has its own 60-amp service, with additional capacity for future expansion. Amazing, spacious backyard and oversized 3-car garage, featuring three skylights and updated garage doors (2018), presents a fantastic opportunity for a laneway suite, with two parking spaces currently rented and one vacant. The units generate substantial rental income with less than average property expenses. Nestled between Roncesvalles and Queen West, this property is steps from vibrant cafes, restaurants, High Park, waterfront trails and major TTC routes, with easy access to Lakeshore Blvd and the Gardiner for seamless commuting. A walker's paradise with unbeatable rental demand, this is a turnkey investment opportunity perfect for generating passive income or accommodating multigenerational living, a very special opportunity in one of the best neighbourhoods in Toronto. |
Price | $2,649,000 |
Taxes: | $9706.47 |
Occupancy by: | Tenant |
Address: | 21 Macdonell Aven , Toronto, M6R 2A3, Toronto |
Directions/Cross Streets: | Sorauren & Queen |
Rooms: | 15 |
Rooms +: | 5 |
Bedrooms: | 6 |
Bedrooms +: | 2 |
Family Room: | F |
Basement: | Apartment, Separate Ent |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Kitchen | 12.07 | 10.46 | Large Window, Stainless Steel Appl, Eat-in Kitchen |
Room 2 | Main | Living Ro | 15.38 | 12.99 | Bay Window, Hardwood Floor, Fireplace |
Room 3 | Main | Primary B | 13.55 | 13.05 | Large Window, Hardwood Floor, French Doors |
Room 4 | Ground | Bedroom 2 | 13.15 | 7.12 | Large Window, Hardwood Floor, Closet |
Room 5 | Main | Bathroom | 6.2 | 6.07 | 4 Pc Bath, Tile Floor, Window |
Room 6 | Main | Foyer | 11.45 | 6.66 | Hardwood Floor |
Room 7 | Second | Kitchen | 8.36 | 7.97 | Open Concept, Stainless Steel Appl, Cork Floor |
Room 8 | Second | Dining Ro | 11.18 | 8.59 | Hardwood Floor, W/O To Balcony, Open Concept |
Room 9 | Second | Living Ro | 15.84 | 13.19 | Bay Window, Hardwood Floor, Overlooks Frontyard |
Room 10 | Second | Primary B | 11.78 | 11.74 | Large Window, Hardwood Floor, Closet |
Room 11 | Second | Bedroom | 10.33 | 9.81 | Large Window, Hardwood Floor, French Doors |
Room 12 | Second | Bathroom | 8.92 | 8.89 | 4 Pc Bath, Window, Tile Floor |
Room 13 | Second | Foyer | 15.09 | 6.59 | Hardwood Floor |
Room 14 | Third | Kitchen | 13.22 | 10.23 | Large Window, Stainless Steel Appl, Hardwood Floor |
Room 15 | Third | Living Ro | 17.48 | 10.2 | Open Concept, Large Window, Hardwood Floor |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 4 | Second |
Washroom Type 3 | 4 | Third |
Washroom Type 4 | 4 | Basement |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Property Type: | Detached |
Style: | 3-Storey |
Exterior: | Brick |
Garage Type: | Detached |
Drive Parking Spaces: | 0 |
Pool: | None |
Approximatly Square Footage: | 3500-5000 |
Property Features: | School, Rec./Commun.Centre |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Radiant |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Elevator Lift: | False |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
SAGE REAL ESTATE LIMITED |
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Type: | Freehold - Detached |
Area: | Toronto |
Municipality: | Toronto W01 |
Neighbourhood: | Roncesvalles |
Style: | 3-Storey |
Tax: | $9,706.47 |
Beds: | 6+2 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |