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$ 2,799,000
Est. payment /mo
Active Under Contract
996-998 Avenue RD Toronto C03, ON M5P 2K8
8 Beds
4 Baths
UPDATED:
02/13/2025 02:59 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active Under Contract
Purchase Type For Sale
Approx. Sqft 3500-5000
Municipality Toronto C03
Subdivision Yonge-Eglinton
MLS Listing ID C11964606
Style 2-Storey
Bedrooms 8
Annual Tax Amount $10,843
Tax Year 2024
Property Sub-Type Fourplex
Property Description
Attention Builders, Investors, and Visionaries! Explore an exceptional detached legal fourplex strategically positioned at one of Toronto's most prestigious intersections: Avenue Rd and Eglinton. This rare find sits on an expansive lot measuring 50 x 111.66 feet, offering immense potential for redevelopment or continued rental income. Each of the four legal units spans approximately 1000 square feet, featuring 2 bedrooms and 1 bathroom.Recent upgrades include comprehensive waterproofing and insulation, newly renovated kitchens and bathrooms, and freshly painted units. The property boasts a brand-new boiler system and recently renovated roofs, ensuring efficiency and low maintenance for years to come. Located mere steps from the new Eglinton Crosstown LRT and the Yonge-Eglinton TTC subway, this prime investment property offers unparalleled convenience. Enjoy easy access to a vibrant array of restaurants, banks, groceries, and community centers, making it an ideal choice for tenants and future residents alike.Discover the vibrant local scene with shops and dining options just footsteps away, coupled with proximity to top-rated public and private schools. Don't miss this opportunity to capitalize on both the location and potential of this property! **EXTRAS** Hardwood flooring throughout all units. Mutual driveway and private parking for four units. Separate hydro meters, 4 washers and 4 dryers. 4 Kitchen appliances.
Location
Province ON
County Toronto
Community Yonge-Eglinton
Area Toronto
Rooms
Family Room No
Basement Unfinished, Separate Entrance
Kitchen 4
Interior
Interior Features None
Heating Yes
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Mutual
Garage Spaces 4.0
Pool None
Roof Type Unknown
Lot Frontage 50.0
Lot Depth 111.66
Total Parking Spaces 4
Building
Foundation Unknown
Listed by SKYLAND REALTY INC.