1 / 2516 FENNINGS STREET
Toronto (Trinity-Bellwoods), Ontario, M6J3B8
$1,599,000
Bedrooms
6
Bathrooms
5
Parking
4
About this property
Power of Sale Opportunity! Renovated semi detached property featuring 3 separate units with the potential to generate approximately $10,000/month in gross rental income when fully leased. The front unit is currently rented at $4,200/mo while the two additional units are vacant and recently renovated. Perfect for investors seeking strong rental income or end users looking to live in one unit while collecting rental income from the other two, helping significantly offset mortgage and carrying costs. Further upside with the potential to build a laneway home with 2 additional units subject to approvals and due diligence. Located in an excellent, highly desirable area within walking distance to vibrant neighbourhood amenities, restaurants, cafes, shopping, transit and more. A rare opportunity combining strong income potential, flexible living options and addition of potential laneway units increasing future value and upside! (id:66779)
Details
- Sewer
- Sanitary sewer
- Cooling
- Central air conditioning
- Heating
- Forced air, Natural gas
- List aor
- Toronto
- Stories
- 2.5
- Basement
- Finished, Separate entrance, Walk-up, N/A, N/A, N/A
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Microwave, Window Coverings
- Directions
- Queen St & Ossington Ave
- Fireplace
- Yes
- Lot features
- Sump Pump
- Water source
- Municipal water
- Structure type
- House
- Parking features
- No Garage
- Tax annual amount
- 8,087.46
- Exterior features
- Brick
- Foundation details
- Concrete
- Lot size dimensions
- 25 x 130.7 FT
- Bedrooms above grade
- 6
- Property attached
- Yes
More in Toronto
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listing data is provided by the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by CREA.