262 Poyntz Ave

LocationLansing-Westgate, Toronto, M2N 1J7
$1.899M For Sale
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Description

Att'n Investors, Developers, Builders! Turn-key investment property with 3 units all with separate entrances and long-term tenants. Prime, well maintained property with immediate income! Earn income now-develop/build your dream home when ready. Located amongst multi-million dollar properties! Main floor unit: 2 bedroom, 2 bath-1x4pcs & 1x2pcs. Same tenant since May 2022. Rent: $2613.75. 2nd floor unit: 2 bedroom, 1 bath-1x4pcs. Same tenant since Feb 2022. Rent: $1568.25. Basement unit: 2 bedroom, 1 bath-1x4pcs. Same tenant since August 2021. Rent: $1244.76. Total rental income: $65,121.12. All rents subject to yearly government increases. Yearly Expenses: Enbridge, Hydro, Water: $6900. Amazing Location! Just Steps Away From Subway, Ttc, 401 And All Amenities, Restaurants and Shops that Yonge & Sheppard Offers. Excellent schools: Cameron PS, Willowdale MS, Northview Heights SS. What are you waiting for! Main Floor: Ss Fridge, Ss Oven With Microwave & Hood Fan, Dishwasher, Shared Laundry. 2nd Floor: Mini Fridge, Hot Plate With Hood Fan. Basement: Fridge, Oven With Hood Fan, Microwave. Shared Laundry in basement: Washer & Dryer

Features

  • House Facing
    Facing: North
  • Bedrooms
    Bedrooms: 4
  • Bathrooms
    Bathrooms: 4
  • Garages
    Garages: 0
  • Kitchens
    Kitchens: 3

Details

  • Front Lot
    Lot size: 45.00 x 110.00 Feet
  • Lot Depth
    Space: ---
  • Tax Amount
    Tax: $ 6962.58
  • MLS
    C8293276
  • Listing contracted with: SLAVENS & ASSOCIATES REAL ESTATE INC.
Room Size(M) Description
Living3.91x3.09

Hardwood Floor, Picture Window, Open Concept

Kitchen3.20x2.94

Ceramic Floor, Granite Counter, Stainless Steel Appl

Prim Bdrm5.20x3.40

Hardwood Floor, 4 Pc Ensuite, O/Looks Backyard

2nd Br3.40x2.97

Hardwood Floor, Picture Window

Kitchen2.08x1.93

Ceramic Floor

Prim Bdrm5.31x3.43

Laminate, 4 Pc Ensuite, W/I Closet

2nd Br3.43x3.38

Laminate, Window, Closet

Kitchen3.34x2.54

Laminate, Window, Double Closet

Prim Bdrm3.81x3.05

Laminate, Window, Double Closet

2nd Br3.45x2.54

Laminate, Window



Bathroom Pieces Level
1xBath4 pcs

Main

1xBath2 pcs

Main

1xBath4 pcs

2nd

1xBath4 pcs

Bsmt



Property Summary

Located close to the intersection of Yonge and Sheppard, 262 Poyntz Ave is a 4+2 bedrooms 4 washrooms Detached. The property's basement is finished and has bedrooms. Living Room, Kitchen, Primary Bedroom and second bedroom are on the Main floor; Kitchen, Primary Bedroom and second bedroom are on the second floor; Kitchen, Primary Bedroom and second bedroom are in the basement.

Commute Information

Sheppard-Yonge Subway Station (1km)

Location





Community Overview

262 Poyntz Ave is at the Heart of Lansing-Westgate Community. Lansing-Westgate runs from Bathurst Street on the west to York Cemetery and Funeral Centre on the north, Yonge Street on the east, and Highway 401 on the south. It is home to the fourth busiest subway station in Toronto, Sheppard-Yonge station. Most homes are the outcome of two real estate booms: detached houses constructed from the post-war era to 1960 and condo buildings first developed in 1980. In past 3 months, 25 Detached homes were sold at average of $2.11M. The top places of birth of all immigrants in Lansing-Westgate are Iran, Filipinnes, China, South Korea, and India. For residents using cars, it will be very convenient to drive onto Highway 401 at the south border of the community. Furthermore, there is also a fenced, Off-Leash dog park near the community center. The Yonge Street shopping corridor is brimming with restaurants, banks, coffee shops, and many professional service stores. Lansing-Westgate is a beautiful community with many young families moving to the area to enjoy the fantastic amenities and super convenient public transportation.


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