97 Reidmount Ave S

LocationAgincourt South-Malvern West, Toronto, M1S 1B6
$2.5M For Sale
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Description

Extensively renovated income property offering approximately 3,500 sq. ft. of living space on a premium 60 ft wide (50+10) x 154 ft deep lot. Over $500,000 spent on renovations and upgrades to meet permit requirements and convert the home into four independent units. Ideal for investors, multi-generational families, or homeowners looking to offset their mortgage by renting other units. Live in one and rent the rest.Property features two main floor units and two basement units, each with its own kitchen, separate laundry, and dishwasher. Renovations completed with building permits, Fire Marshal approval, ESA approval, and wired smoke detectors for enhanced safety and compliance. Mostly new appliances throughout, plus furnace and air conditioning approximately 3-5 years old. Pride of ownership is evident in this well-maintained property.Functional layouts include good-sized bedrooms, full bathrooms, living and dining areas in each unit. Additional features include a detached double garage with remote access and extended driveway parking for 6+ vehicles.The massive private backyard on this deep lot offers space for entertaining, gardening, or potential future garden suite development (buyer to verify). A custom-built storage shed with double doors and reinforced two-levels provides excellent storage.Located in a safe, established family-friendly neighbourhood minutes to Highway 401, Kennedy Road, Sheppard GO Station, transit routes, shopping, mall, and Toronto Public Library. Close to Agincourt Collegiate Institute, other high-performing schools, and Tam O'Shanter Golf Course.Previously rented for $9,000/month ($108,000 annually) plus utilities. Currently vacant, offering flexibility for new tenants or owner occupancy.A rare opportunity combining strong rental income, extensive upgrades, and long-term investment potential.

Features

  • House Facing
    Facing: South
  • Bedrooms
    Bedrooms: 9
  • Bathrooms
    Bathrooms: 6
  • Garages
    Garages: 2
  • Kitchens
    Kitchens: 4

Details

  • Front Lot
    Lot size: 50.00 x 155.00 Feet
  • Lot Depth
    Space: 2000-2500
  • Tax Amount
    Tax: $ 6590.72
  • MLS
    E12885484
  • Listing contracted with: HOMELIFE/MIRACLE REALTY LTD
Room Size(M) Description
Br14.70x13.90

Overlooks Backyard, Carpet Free, B/I Closet

2nd Br14.00x10.00

B/I Closet, Overlooks Backyard, Carpet Free

3rd Br11.00x9.70

B/I Closet, Carpet Free, Overlooks Garden

Living Rm17.10x14.10

Carpet Free, Combined w/Kitchen, Electric Fireplace

Kitchen13.70x10.30

B/I Appliances, Combined w/Dining, Centre Island

Foyer6.90x5.00

Tile Floor, Double Doors

Other20.00x6.90

Tile Floor, Skylight, Closet

Living Rm12.80x10.50

W/O To Yard, Carpet Free, Sliding Doors

4th Br11.00x10.10

Mirrored Closet, Window, Carpet Free

5th Br14.50x12.80

Overlooks Garden, Mirrored Closet, Large Window

Foyer7.00x3.70

Tile Floor, Walk-Thru

Other11.00x6.90

Tile Floor, Closet



Bathroom Pieces Level
1xBath4 pcs

Upper

1xBath2 pcs

Upper

1xBath4 pcs

Main

3xBaths4 pcs

Basement



Property Summary

Located close to the intersection of Kennedy and Sheppard, #97-97 Reidmount Ave S is a 9+1 bedrooms 6 washrooms Detached. The unit has a Double Attached Parking Spaces. The property basement is Apartment Separate Ent. The property has many nice features including Central Vacuum, Auto Garage Door Remot and Guest Accommodations. Living Room Rm, Kitchen, Foyer, Other, Living Room Rm, fourth bedroom, fifth bedroom, Foyer and Other are on the Main floor.


School Information

  • elementary schools
    Agincourt Junior Public School (Grade:JK-6)
  • elementary schools
    Sir Alexander Mackenzie Senior Public School (Grade:7-8)
  • secondary schools
    Agincourt Collegiate Institute (Grade:9-12) 52/739
  • elementary schools
    St. Bartholomew Catholic School (Grade:JK-8) 1413/3064
  • elementary schools
    North Agincourt Junior Public School (Grade:JK-6) 577/3037
  • elementary schools
    Sir Alexander Mackenzie Senior Public School (Grade:7-8)


Commute Information

GTA Go Train Agincourt Go Train Station (0.5km)

Location





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