2652 Victoria Park Avenue, Toronto, ON M2J 4A6

$2,390,000
: 14
BD
: 16
BA
: 3,500
SqFt

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List Price: $2,390,000
Price Change: ▼ $98,000 1785259018
MLS#: C13413678
Status: ACTIVE
Type: Single Family Residential
SubType: Detached
Style: 2-Storey
Bedrooms: 14
Bathrooms: 16
Living Area: 3500-5000
Province: ON
Municipality: Toronto
Area: Toronto
Neighborhood: Pleasant View
Subdivision: Victoria Park/Huntingwood Dr

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Property Description

Exceptional Multi-Unit Rental Investment Opportunity In A Prime Toronto Location! Built In 2019,This Large Detached Property Offers Approx. 4,850 Sq.Ft Above Grade Plus Approx. 2,400 Sq.Ft. Basement, With A Flexible Multi-Suite Layout Designed (14 Bedrooms, 16 washrooms) For Strong Rental Income Potential. Current Layout Includes 6 Suite-Style Rooms On The Second Floor, 2 Suite-Style Rooms 2 Powder Rooms On The Main Floor, And 6 Suite-Style Bedrooms In The Basement-tremendous Upside With Approx. The Property Is Equipped With 3 Hot Water Tanks, 2 Furnaces And 2 HRVs,$100K-$150K Additional Investment Estimated To Complete The Remaining Renovations. Similar Completed Multi-Unit Rental Properties May Support A Market Value In The Approx. $2.8M-$3M Range. Potential To Explore CMHC Financing Options And Additional Garden House Opportunity In The Back Yard, Subject To Applicable Approvals. Convenient Location Close To TTC, Hwy 401/404/DVP, Shopping, Schools, Parks And Everyday Amenities. Priced To Sell! Rare Large-Scale Income Property With Huge Upside Potential. Don't Miss This Great Investment Opportunity!

(647) 867-1763

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