Commercial listings / Investment / For sale

203 Fairview Avenue, Toronto, ON M6P 3A6

$1,349,000

Property type
Investment
Transaction
For sale
Location
Toronto W02, Toronto
Building area
2,512 Square Feet
MLS® number
W13866630

Description

Located on a quiet, tree-lined street in Toronto's highly desirable west end Junction, this well-maintained, 2.5 storey semi-detached home, features four self contained apartments. The spacious main floor apartment, over 900 sq ft, boasts high ceilings, ensuite laundry and a walkout to a back deck and garden. The second floor apartment, equally spacious, offers a cozy gas fireplace, ensuite laundry and a western facing walk-out deck. The third floor apartment looks out onto it's own deck overlooking the tranquil backyard. The basement apartment with ceiling height of over 6'10", has it's own private entrance. The property has laneway access to a large, detached, 2 car concrete block garage. There is exciting potential to build a laneway home in accordance with Toronto city by-laws for additional income. Lanescape Property Report is attached. The property is conveniently located to public transit, desirable schools and trendy Junction shops and restaurants. For avid walkers, cyclists and nature lovers, High Park is a short walk away. With exceptional tenants and immediate cash flow, this property is a great opportunity for investors or an Owner-Operator Landlord. The third floor can be left empty upon closing for the new owner to reside. Financial information is attached. Tenants pay their own hydro. New roof 2014.

Listing brokerage: FREEMAN REAL ESTATE LTD.

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