Property Details

Description

 Price: $ 1,175,000.00 MLS®: E13161746         Location : 395 Rhodes Avenue, Toronto E01, ON M4L 3A6

Attention Investors, Multi-Generational Buyers, And Savvy Buyers! Welcome To 395 Rhodes Ave, A Remarkable Residential Property Nestled In The Highly Sought-After Greenwood-Coxwell / Leslieville Pocket. This Solid Brick Property Is Fully Tenanted By Reliable Tenants, Generating A Phenomenal Gross Annual Income Of $91,860 (Inclusive Of Utilities) Across 3 Spacious, Self-Contained Units-Each Boasting Its Own Private Entrance, Kitchen, And Bathroom. This Exceptional Income Property Offers Incredible Stability And Outstanding Long-Term Growth Potential.The Layout Is Perfectly Optimized For Maximum Utility: The Lower Level Is A Spacious 3-Bedroom, Kitchen, 1.5-Bathroom Basement Suite. The Main Floor Features A Comfortable 2-Bedroom, Kitchen, 1-Bathroom Layout With A Separate Living Room. The Upper Level Is An Expansive 3-Bedroom Retreat Complete With Kitchen, A Bright Solarium, A Cozy Living Room With A Fireplace, And A Full Bath. Adding Massive Value To This Deep Lot Is A Shared Driveway Providing Easy Access To An Expansive Rear Parking Area That Comfortably Accommodates At Least 2 Vehicles.Live In One Unit And Let The Tenants Cover Your Expenses, Or Maintain It As A Hands-Off, Multi-Stream Addition To Your Real Estate Portfolio. Unbeatable Location Just Steps To The Vibrant Shops, Cafes, And Restaurants Of Little India And Leslieville. Commuting Is Effortless With Quick Access To Both Coxwell And Greenwood Subway Stations, The Danforth GO, And 24-Hour Streetcar Lines. An Absolute Must-See Opportunity!

Location Description

Coxwell/Gerrard

Property Details
  • Community: Greenwood-Coxwell
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 8
  • Bath: 4
  • Garages: None
Building Features
  • Foundation Type: Poured Concrete
  • Construction Material: Brick
  • Total Parking Space: 2
Features
  • Heating: Forced Air Gas
  • Sewer: Sewer ,

Listing Contracted With: CENTURY 21 LEADING EDGE REALTY INC.

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