Welcome to high-demand High Park North/The Junction! This renovated detached century home currently boasts 3 spacious units with separate entrances, totaling 8 bedrooms, 4 baths and many possibilities: Currently owner live-in with substantial income covering the mortgage, cap rate of 7.5%. Easy option to remove drywall exposing the banister between units to convert back to a single-family home. Or, put walls back up on 2nd floor and use existing third floor plumbing to convert (back) to a fourplex for maximum investment. The basement unit was gutted in 2021 and features 2 Br, yielding maximum rental income. The main floor unit boasts 2 br, fireplace and walks-out to a large deck, hot tub and backyard studio/gym. The upper floors offer an incredible 4 bedrooms and den, making it perfect for larger families wanting to live in the best neighbourhood while passively earning income. Transit options include bike lanes, buses and a quick walk to the subway, giving easy access to the city.
Past 1-2 yrs: 100% electrical overhaul, new roof, gutters, flashing, siding, large new deck, insulated backyard studio/gym, heat pumps/A/C, duct work, boiler and on-demand hws. Private entrances for all 3 units.
Broker: Royal Lepage Real Estate Services Ltd
Name | Attributes | Dimensions (LxW) |
---|---|---|
Br | Pocket Doors, Hardwood Floor, Large Window | 3.77 x 3.8 |
2nd Br | Laminate, Sliding Doors, W/O To Deck | 2.57 x 2.59 |
Kitchen | Hardwood Floor, O/Looks Backyard | 2.84 x 3.49 |
Living | Hardwood Floor, Combined W/Dining | 3.18 x 5.19 |
Br | Picture Window, Hardwood Floor | 2.8 x 3.84 |
2nd Br | Broadloom, Casement Windows | 3.69 x 3.08 |
Living | Combined W/Dining, Hardwood Floor, Picture Window | 3.09 x 5.34 |
3rd Br | Broadloom, Large Window, Ceiling Fan | 4.87 x 3.85 |
4th Br | Sliding Doors, W/O To Terrace, Broadloom | 4.87 x 3.48 |
Br | Laminate, Closet, Window | 2.37 x 2.97 |
2nd Br | Window, Laminate | 1.85 x 2.97 |
Living | Laminate, Combined W/Dining, Pot Lights | 3.01 x 6.8 |