House for Sale
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Centrally Located Dual Income Property - $550.00 Per Week ReturnProperty ID 1533355* Flexible inspection times to suit you. Call now to arrange a suitable time
* Attached dual income property on over 700sqm level block with garage & carport
* Flat 1 - 3 beds, 1 bath, 2 toilets & access to rear garage, lounge & kitchen
* Flat 2 - 1 bed, 1 bath & access to rear carport, lounge & kitchenette
* Current tenants paying $340.00 per week (flat 1) & $210.00 per week (flat 2) - total $550.00 per week
* Lake at the end of the street with public bus stop less than 100m away
* Easy walk to main CBD & amenities, easy care level block with side access to rear
Take note and don't miss this investment or land banking opportunity, a great income producing property in the heart of Toronto with the lake at one end of the street and public transport at the other. Currently returning $550.00 per week from an attached dual occupancy there are a total of 4 bedrooms, 2 bathrooms, 3 toilets, 1 garage & 1 carport on a block just over 700sqm. Flat one provides 3 beds, 1 bath, second toilet with kitchen, lounge & dining and returns $340.00 per week. Flat 2 offers 1 bedroom, 1 bathroom, lounge, kitchenette & dining & returns $210.00 per week. Both tenants are currently in lease, the land is almost level and there is side access to the garage & carport at the rear. There is room to develop this property further and gain more rental income subject to council approval. A great opportunity in a great location, call to inspect today.
From all of us at Ray White Toronto, we wish you every success in your search for your home. If you would like more detail on this home or to chat about one of the many other properties we have available please call or email us today.