Description
Live in one unit and rent the other two! Welcome to this stunning property nestled on a tranquil, tree-lined residential street, perfectly positioned between Danforth and Monarch Park. This impeccably crafted 3-unit home offers a gross rent of $7450/month, presenting a lucrative income stream for savvy investors or end-users who wish to live in one of the units and rent out the others. Fully renovated in 2017 with over $400K in renovations, each unit features separate entrances, ensuite laundry, and their own heating and cooling systems. With a projected CAP rate of 5.87% and positive cash flow, this property represents a rare find in Toronto's competitive real estate market. The main floor unit and basement unit are currently vacant, offering flexibility for new owners to either move in or rent out at market rates. The second-floor unit boasts vaulted ceilings in the bedroom and bathroom, adding a touch of grandeur, while both the second-floor and main floor units feature inviting decks, perfect for relaxing or entertaining. Whether you're seeking a turnkey investment property or a stunning residence with income potential, this opportunity offers the best of both worlds. Enjoy easy access to amenities & transportation options. The proximity to Coxwell Station makes commuting a breeze, with a mere 9-min walk. 1 designated parking spot at the rear of the property.
Features
- Facing: West
- Bedrooms: 4
- Bathrooms: 3
- Garages: 0
- Kitchens: 2
Details
- Lot size: 18.33 x 100.00 Feet
- Space: 1100-1500
- Tax: $ 5123.65
- E8300978
- Listing contracted with: RE/MAX ULTIMATE REALTY INC.
Room | Size(M) | Description | |
---|---|---|---|
Kitchen | 1.91x3.91 | Modern Kitchen, Renovated, Quartz Counter |
|
Living | 3.91x3.53 | Beamed, Open Concept, W/O To Deck |
|
Br | 3.15x2.26 | Double Closet, Vaulted Ceiling, Large Closet |
|
2nd Br | 2.36x2.24 | Laminate, Large Window, Double Closet |
|
Kitchen | 1.83x4.67 | Modern Kitchen, Quartz Counter, Open Concept |
|
Living | 3.71x3.76 | Open Concept, Beamed, Renovated |
|
3rd Br | 2.59x3.20 | Vaulted Ceiling, Large Window, Laminate |
|
4th Br | 1.96x2.64 | Large Window, Double Closet, Laminate |
|
Kitchen | 3.63x3.63 | Modern Kitchen, Quartz Counter, Renovated |
|
Living | 3.53x2.64 | Laminate, Open Concept, Renovated |
|
5th Br | 3.07x2.31 | Laminate, Window, Double Closet |
Bathroom | Pieces | Level | |
---|---|---|---|
1xBath | 5 pcs | 2nd |
|
1xBath | 3 pcs | Main |
|
1xBath | 3 pcs | Bsmt |
Property Summary
Located close to the intersection of Danforth & Coxwell, 122 Parkmount Rd is a 4+1 bedrooms 3 washrooms Semi-Detached. The property basement is Apartment Sep Entrance. The property has many nice features including School, Rec Centre, Public Transit and Hospital. Kitchen, Living Room, third bedroom and fourth bedroom are on the Main floor; Kitchen, Living Room, Br and second bedroom are on the second floor; Kitchen, Living Room and fifth bedroom are in the basement.School Information
- Earl Haig Public School (Grade:JK-8) 449/3037
- Monarch Park Collegiate Institute (Grade:9-12) 503/739
- St. Brigid Catholic School (Grade:JK-8) 1119/3037
- Bowmore Road Junior and Senior Public School (Grade:JK-8) 1195/3037
- Earl Haig Public School (Grade:JK-8) 449/3037
- Wilkinson Junior Public School (Grade:JK-6) 346/3037