Top 1% Re/Max in Canada  |  #1 Realtor in Office Since 2008

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$1,390,000
Available - For Sale
Listing ID: E8300978
Live in one unit and rent the other two! Welcome to this stunning property nestled on a tranquil, tree-lined residential street, perfectly positioned between Danforth and Monarch Park. This impeccably crafted 3-unit home offers a gross rent of $7450/month, presenting a lucrative income stream for savvy investors or end-users who wish to live in one of the units and rent out the others. Fully renovated in 2017 with over $400K in renovations, each unit features separate entrances, ensuite laundry, and their own heating and cooling systems. With a projected CAP rate of 5.87% and positive cash flow, this property represents a rare find in Toronto's competitive real estate market. The main floor unit and basement unit are currently vacant, offering flexibility for new owners to either move in or rent out at market rates. The second-floor unit boasts vaulted ceilings in the bedroom and bathroom, adding a touch of grandeur, while both the second-floor and main floor units feature inviting decks, perfect for relaxing or entertaining. Whether you're seeking a turnkey investment property or a stunning residence with income potential, this opportunity offers the best of both worlds.
Extras:   Enjoy easy access to amenities & transportation options. The proximity to Coxwell Station makes commuting a breeze, with a mere 9-min walk. 1 designated parking spot at the rear of the property.
Price $1,390,000
Taxes: $5,123.65
Address: 122 Parkmount Rd , Toronto, M4J 4V4, Ontario
Lot Size: 18.33 x 100 (Feet)
Acreage: < .50
Directions/Cross Streets: Danforth & Coxwell
Rooms: 9
Rooms +: 4
Bedrooms: 4
Bedrooms +: 1
Washrooms: 3
Kitchens: 2
Kitchens +: 1
Family Room: N
Basement: Apartment
Sep Entrance
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: 2nd Kitchen 6.26 12.82 Modern Kitchen, Renovated, Quartz Counter
Room 2: 2nd Living 12.82 11.58 Beamed, Open Concept, W/O To Deck
Room 3: 2nd Br 10.33 7.41 Double Closet, Vaulted Ceiling, Large Closet
Room 4: 2nd 2nd Br 7.74 7.35 Laminate, Large Window, Double Closet
Room 5: Main Kitchen 6.00 15.32 Modern Kitchen, Quartz Counter, Open Concept
Room 6: Main Living 12.17 12.33 Open Concept, Beamed, Renovated
Room 7: Main 3rd Br 8.50 10.50 Vaulted Ceiling, Large Window, Laminate
Room 8: Main 4th Br 6.43 8.66 Large Window, Double Closet, Laminate
Room 9: Bsmt Kitchen 11.91 11.91 Modern Kitchen, Quartz Counter, Renovated
Room 10: Bsmt Living 11.58 8.66 Laminate, Open Concept, Renovated
Room 11: Bsmt 5th Br 10.07 7.58 Laminate, Window, Double Closet
No. of Pieces Level
Washroom 1 5 2nd
Washroom 2 3 Main
Washroom 3 3 Bsmt
Property Type: Semi-Detached
Style: 2-Storey
Exterior: Brick
Metal/Side
Garage Type: None
(Parking/)Drive: Mutual
Drive Parking Spaces: 1
Pool: None
Other Structures: Garden Shed
Approximatly Square Footage: 1100-1500
Property Features: Hospital
Public Transit
Rec Centre
School
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Heat Pump
Central Air Conditioning: Wall Unit
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Cable: A
Utilities-Hydro: Y
Utilities-Gas: Y
Utilities-Telephone: A
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Asking Price: $ Heating: $ /Year  
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RE/MAX ULTIMATE REALTY INC.

122 Parkmount Rd , Toronto, M4J 4V4, Ontario

Paul Sanghera
Sales Representative
Dir:
416.877.3047
Bus:
905.272.5000
Fax:
905.272-5088

 
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At a Glance:
Type: Freehold - Semi-Detached
Area: Toronto
Municipality: Toronto
Neighbourhood: Greenwood-Coxwell
Style: 2-Storey
Lot Size: 18.33 x 100.00(Feet)
Approximate Age:
Tax: $5,123.65
Maintenance Fee: $0
Beds: 4+1
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Listing added to compare list, click here  to view comparison chart.
Paul Sanghera
Sales Representative

Cell: 416-877-3047
Office: 905-272-5000
Fax: 905-272-5088


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Remax Real Estate Centre Inc., Brokerage
Independently owned and operated.
100 City Centre Dr. 1-702 Square One Shopping Centre Mississauga, ON L5B 2C9, Canada


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