1131 Avenue Rd

LocationYonge-Eglinton, Toronto, M5N 2E5
$2.3M For Sale
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Description

Prime Avenue Road Fourplex Near Upcoming Subway! Rare opportunity to acquire a 4-unit property in a high-demand Avenue Road location, just steps to the new subway expansion. Ideal for investors or end-users looking for long-term upside. Property features one vacant unit-perfect for immediate occupancy or market rent-plus three tenanted units providing stable income. Building is tired and in need of updating, offering significant value-add and repositioning potential. Excellent candidate for: Renovation and rent lift multi-generational living Long-term hold in a rapidly improving transit corridor Seller may consider holding financing, adding flexibility for qualified buyers. Strong location, solid fundamentals, and clear upside-an opportunity to unlock value. Buyer/Buyer's Agent to verify zoning, uses, and measurements. NO VACANT POSSESSION

Features

  • House Facing
    Facing: East
  • Bedrooms
    Bedrooms: 8
  • Bathrooms
    Bathrooms: 4
  • Garages
    Garages: 4
  • Kitchens
    Kitchens: 4

Details

  • Front Lot
    Lot size: 43.08 x 115.50 Feet
  • Lot Depth
    Space: 5000 +
  • Tax Amount
    Tax: $ 9825.76
  • MLS
    C12903004
  • Listing contracted with: HARVEY KALLES REAL ESTATE LTD.
Room Size(M) Description
Living Rm4.62x4.11

Combined w/Dining, Laminate, Fireplace

Dining Rm3.10x4.11

Combined w/Living, Laminate, Window

Kitchen4.11x2.21

Window

Primary B4.34x4.34

Laminate, Closet, Window

Br4.11x3.18

Laminate, Closet, Window



Bathroom Pieces Level
2xBaths4 pcs

Main

2xBaths4 pcs

Second



Property Summary

Located close to the intersection of Avenue Rd & Eglinton Ave W, 1131 Avenue Rd is a 8 bedrooms 4 washrooms Multiplex. The unit has a 4 Detached Parking Spaces. The property has many nice features including Other. Living Room Rm, Dinning Room Rm, Kitchen, Primary B and Br are on the Main floor.


School Information

  • elementary schools
    Allenby Junior Public School (Grade:JK-6) 131/3037
  • elementary schools
    Glenview Senior Public School (Grade:7-8)
  • secondary schools
    North Toronto Collegiate Institute (Grade:9-12) 42/739
  • elementary schools
    St. Monica Catholic School (Grade:JK-8) 1119/3037
  • elementary schools
    Allenby Junior Public School (Grade:JK-6) 131/3037
  • elementary schools
    Forest Hill Junior and Senior Public School (Grade:JK-8) 97/3037
  • elementary schools
    Glenview Senior Public School (Grade:7-8)


Location





Community Overview

1131 Avenue Rd is at the Heart of Yonge-Eglinton Community. The boundary of Yonge-Eglinton runs from Yonge Street on the east to Briar Hill Avenue on the North, Avenue Road on the west, and Kay Gardner Beltline Trail on the south. Line-1 Yonge-University has two subway stations connecting North York and Downtown. Eglinton Crosstown LRT has an underground station linking the east and west of Toronto. South of Eglinton Avenue, also known as the Chaplin Estates neighbourhood, is populated with more extensive frontage, between 30 and 50 feet, single Detached homes of Tudor, Georgian and English Cottage architectural styles. Nearly 72% of the residents are of European Origins, and 15% are of East and Southeast Asian Origins. Furthermore, the Yonge-Eglinton community is very close to Downtown Toronto. The Northern District branch of the Toronto Public Library, renovated in 2011, offers residents an excellent venue to study and read. Along Yonge Street or Eglinton Avenue, shoppers can also find many distinctive restaurants, antique shops, and speciality stores. Yonge-Eglinton is famous for its plentiful bars, pubs and restaurants. With the completion of Crosstown LRT and centred around the Eglinton subway hub, this is one of the best places among young professionals who could select to live outside the downtown core.


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