2652 Victoria Park Ave

LocationPleasant View, Toronto, M2J 4A6
$2.488M For Sale
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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!

Features

  • House Facing
    Facing: West
  • Bedrooms
    Bedrooms: 8
  • Bathrooms
    Bathrooms: 16
  • Garages
    Garages:
  • Kitchens
    Kitchens: 1

Details

  • Front Lot
    Lot size: 53.00 x 139.50 Feet
  • Lot Depth
    Space: 3500-5000
  • Tax Amount
    Tax: $ 14325.70
  • MLS
    C13413678
  • Listing contracted with: ANJIA REALTY
Room Size(M) Description
Kitchen0.00x0.00

B/I Appliances, Breakfast Area

Living Rm0.00x0.00

Carpet Free, Hardwood Floor

Dining Rm0.00x0.00

, Hardwood Floor

Primary B0.00x0.00

Closet, Hardwood Floor

2nd Br0.00x0.00

Closet

3rd Br0.00x0.00

3 Pc Ensuite, Hardwood Floor

4th Br0.00x0.00

Carpet Free, 3 Pc Ensuite

5th Br0.00x0.00

3 Pc Ensuite, Carpet Free

Br0.00x0.00

3 Pc Ensuite, Carpet Free

Br0.00x0.00

2 Pc Ensuite, Carpet Free

Br0.00x0.00

3 Pc Ensuite, Carpet Free

Br0.00x0.00

3 Pc Ensuite, Carpet Free



Bathroom Pieces Level
2xBaths3 pcs

Main

2xBaths2 pcs

Main

6xBaths3 pcs

Second

6xBaths3 pcs

Basement



Property Summary

Located close to the intersection of Victoria Park and Huntingwood Dr, 2652 Victoria Park Ave is a 8+6 bedrooms 16 washrooms Detached. The property has many nice features including Primary Bedroom - Main and Carpet Free. Kitchen, Living Room Rm, Dinning Room Rm, Primary B and second bedroom are on the Main floor.


School Information

  • Elementary Schools

  • Level
    Home school
    Distance to school: 1.1 km (~19 min walk)
  • Level
    French Immersion School French Immersion school
    Distance to school: 0.6 km (~10 min walk)
  • Level
    ST GERALD (Grade: JK - 8)
    Catholic SchoolFrench Immersion School Catholic French Immersion school
    Rank: 963 out of 3022 (Score: 6.9)
    Distance to school: 0.2 km (~3 min walk)
  • Level
    ST TIMOTHY (Grade: 5 - 8)
    Catholic SchoolFrench Immersion School Catholic French Immersion school
    Distance to school: 2.1 km (~6 min drive)
  • Secondary Schools

  • Level
    Home school
    Rank: 141/746 (Score: 7.5)   5 year average: 188/746 (Score: 7.0)
    Distance to school: 0.8 km (~15 min walk)
  • Level
    Mary Ward (Grade: 9-12)
    Catholic School Catholic School
    Rank: 77/746 (Score: 8.1)   5 year average: 99/746 (Score: 7.6)
    Distance to school: 4.0 km (~12 min drive)
  • Level
    Senator O'Connor (Grade: 9-12)
    Catholic School Catholic School
    Distance to school: 3.3 km (~10 min drive)


Location





Community Overview

2652 Victoria Park Ave is at South East Corner of Pleasant View Community. The community of Pleasant View runs from Don Valley Parkway on the west to Finch hydro corridor in the North, Victoria Park on the east, and Sheppard Avenue on the South. East of DVP, Pleasant View is a buffer community between North York and Scarborough. Even though it is a North York community, high school students in this neighborhood will need to attend secondary schools in Scarborough. As this area is very close to Seneca college west of highway 404, many investors bought the properties and rented them out to students. In past 3 months, 5 Detached homes were sold at average of $1.28M. Over 44% of the residents are of East and Southeast Asia origin, and 35% are of European Origin. Numerous buses run along Victoria Park Avenue, Sheppard Avenue, and Van Horne Avenue carrying passengers to Don Mill Subway station, which converges with the central transit system to downtown Toronto. Several small parks are also scattered across the community. Located in the southwest end of the community, Fairview mall, with over 190 stores and some very famous brands, like Apple, Hudson's Bay, T&T, H&M, and more, is one of the largest indoor malls in Toronto. Pleasant View is a small community offering different housing types. Close to Seneca College's main Campus and at the intersection of two major highways present numerous opportunities for investors.


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