Legal Multiplex!! Located on Metcalfe St, one of the most gorgeous treelined streets in Cabbagetown this heritage property (circa 1890) has been lovingly maintained and painstakingly upgraded by the same owner for almost 22 years!! This gem contains six fully rented apartments in total, three two bedroom units, two one bedroom units and one bachelor suite all containing quality tenants. Upgrades and features include windows, electrical, roofing, hvac systems, foundation waterproofing and the list goes on. On site laundry and parking for six cars at rear of property make this an unbelievable investment property!! (Unheard of in the downtown core!). Steps to transit, shopping and all amenities. Live in one unit and rent out the other five, or even better rent all six units out, the choice is yours! Investment properties in areas like this are never a bad idea.
Address
54 Metcalfe Street
List Price
$2,499,000
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Area
Toronto C08
Sub-Area
Cabbagetown-South St. James Town
County
Toronto
Bedrooms
8
Bathrooms
6
Lot Depth
181.3
Lot Irregularities
As Per Survey
Lot Size Units
Feet
Lot Width
21
Approx. Age
100+ Years
MLS® Number
C12037138
Listing Brokerage
REALTY EXECUTIVES PLUS LTD
Basement Area
Walk-Out, Finished
Postal Code
M4X 1R8
Parking
Private
Parking Places (Total)
6
Tax Amount
$9,863.83
Tax Year
2024
Interior Features
Carpet Free
Property Features
Arts Centre, Public Transit, Rec./Commun.Centre, Terraced, Library
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Other
Construction Materials
Concrete, Brick
Direction Faces
East
Fireplace
Yes
Foundation Details
Brick, Concrete
Garage Type
None
Kitchens Total
6
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer