Detached Brick 2-Storey With Two Units South of Dupont (at Christie)!!
$1,020,000
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Basics
- Date added: Added 3 years ago
- Category: Toronto/GTA
- Bedrooms: 3
- Bathrooms: 2
Description
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Description:
Location!! You will not find a better deal for a detached property south of Dupont in the downtown core than this 2+1 bedroom, 2 bathroom, brick 2-storey with a 2-car detached laneway garage!! Featuring 2 separate units and only a short walk from Christie Pits, Loblaws, TTC, restaurants, night life, schools, churches and everything that downtown Toronto has to offer, this is the ideal location for an investment property. The average 2 bedroom detached property in Toronto sells for $1,200,000 (up 9% over last year). With profit to be made via wholesale, wholetail, flip and/or rental makes this the perfect property for any Investor. At an incredible $1,020,000 (less than a semi-detached!!), you’ll need to get your offers in quick for this smoking hot deal!! We are selling our assignable purchase contract.
Closing is September 22nd, 2022
**As per our APS, the Buyer hereby accepts title to the property subject to the Order to Comply number 21 176082 WNP 00 VI issued on June 25, 2021 — see notice HERE.**
Show all descriptionPROPERTY FEATURES
This property currently features 2 separate units that are not legal. The zoning allows for a secondary suite and we believe the Buyer could legalize the current second unit, so long as it meets all city requirements (Buyer to verify).- 2-storeys
- 2+1 bedrooms
- 2 full bathrooms
- 4-piece bathroom located on the main floor
- 4-piece bathroom located in the basement
- Built in 1900
- Total living space: 1740 sq ft
- Above grade: 1160 sq ft (as per MPAC)
- Finished basement: 580 sq ft (as per MPAC)
- Basement features a kitchen, living room, 1 bedroom and 1 full bathroom
- Separate entrances:
- Front door opens to main entrance way
- Sliding doors in the kitchen open to the backyard
- Side door opens to the basement apartment
- All appliances will be included
- Washer and dryer is all in one unit, and is located in the kitchen hallway
- 2 separate units will not fit side by side or will need to be installed elsewhere (Buyer to verify)
- Flooring: laminate, tile, hardwood, carpet
- 200 AMP breaker panel (as per Seller, Buyer to verify)
- HE gas furnace is owned, and is 10+ years-old (as per Seller)
- HWT is rented, and is 10+ years-old (as per Seller)
- Central AC is owned, however it does not work (as per Seller)
- Windows were updated in 1995 when the Seller took ownership (as per Seller)
- Roof was updated 1-year-ago (as per Seller)
- 2-car, detached laneway garage
- On municipal services
- Property tax: ~$4800/year (as per Seller)
- Lot size: 20 ft x 112 ft (as per MPAC)
- Zoning: R(d0.6) (as per MPAC)
- The City of Toronto allows Secondary Suites within the primary dwelling of an R property, so long as it meets all requirements (see HERE) — Buyer to verify
PROPERTY NEEDS
- Cosmetic updating
- Front porch work order completed (see clause under closing date above*) — see notice HERE
Please click HERE for more pictures and information.
Ask Us About This Property
This style property is located in is currently Toronto/GTA and has been listed on Bliss. This property is listed at $1,020,000. It has 3 beds bedrooms, 2 baths bathrooms, and is . The property was built in year.
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