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Toronto C03, ON M5P 2K8,996-998 Avenue RD
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Toronto C03, ON M5P 2K8,996-998 Avenue RD
Toronto C03, ON M5P 2K8,996-998 Avenue RD
Toronto C03, ON M5P 2K8,996-998 Avenue RD
Toronto C03, ON M5P 2K8,996-998 Avenue RD
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 3,690,000
Est. payment /mo
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996-998 Avenue RD Toronto C03, ON M5P 2K8

8 Beds

4 Baths

UPDATED:

09/28/2024 12:39 AM

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

MLS Listing ID C9372080

Style 2-Storey

Bedrooms 8

Annual Tax Amount $10,843

Tax Year 2024

Property Description

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!

Location

Province ON

County Toronto

Area Yonge-Eglinton

Rooms

Family Room No

Basement Separate Entrance, Unfinished

Kitchen 4

Interior

Interior Features None

Heating Yes

Cooling None

Fireplace No

Heat Source Gas

Exterior

Garage Mutual

Garage Spaces 4.0

Pool None

Waterfront No

Roof Type Unknown

Total Parking Spaces 4

Building

Foundation Unknown

Listed by SKYLAND REALTY INC.
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996-998 Avenue RD