Great investment opportunity @ 53 Cordella Ave.This fully detached home is an income-generating property featuring 3 separate suites. A spacious 2-bedroom basement unit with a separate entrance plus bright 1-bedroom unit on the main and second floors. All units are currently tenanted with very reliable tenants who would love to continue staying, bringing a total monthly income of $4435 plus each pays 35% of utilities and.Separate coin laundry at the back of the house.Situated in a very convenient location, steps from transit, minutes to new Eglinton LRT, offers quick access to major highways, parks, schools, shopping, and dining. It's an ideal option for investors or end-users looking to live in one unit while renting out the others.
Address
53 Cordella Avenue
List Price
$799,900
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Area
Toronto W03
Sub-Area
Rockcliffe-Smythe
County
Toronto
Bedrooms
2 + 2
Bathrooms
3
Floor Area
1100 - 1500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
120
Lot Size Units
Feet
Lot Width
25
MLS® Number
W12060847
Listing Brokerage
ROYAL LEPAGE SUPREME REALTY
Basement Area
Apartment, Separate Entrance
Postal Code
M6N 2J7
Tax Amount
$3,619.37
Tax Year
2024
Exterior Features
Paved Yard
Interior Features
Carpet Free
Property Features
Other, Park, Public Transit, Ravine, School
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Stucco (Plaster)
Direction Faces
South
Foundation Details
Other
Garage Type
None
Kitchens Total
3
Pool Features
None
Roof
Shingles
Sewer
Sewer