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!
Address
996-998 Avenue Rd
List Price
$3,690,000
Property Type
Free
Type of Dwelling
Fourplex
Style of Home
2-Storey
Area
Toronto C03
Sub-Area
Yonge-Eglinton
Bedrooms
8
Bathrooms
4
Floor Area
3,500 Sq. Ft.
Year Built
51-99
MLS® Number
C9372080
Listing Brokerage
SKYLAND REALTY INC.
Postal Code
M5P 2K8
Tax Amount
$10,844.00
Tax Year
2024