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Toronto W02, ON M6P 2S5,247-249 High Park AVE
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Toronto W02, ON M6P 2S5,247-249 High Park AVE
Toronto W02, ON M6P 2S5,247-249 High Park AVE
Toronto W02, ON M6P 2S5,247-249 High Park AVE
Toronto W02, ON M6P 2S5,247-249 High Park AVE
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 2,498,000
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247-249 High Park AVE Toronto W02, ON M6P 2S5

6 Beds

6 Baths

UPDATED:

11/22/2024 09:36 PM

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID W10431388

Style 2-Storey

Bedrooms 6

Annual Tax Amount $15,764

Tax Year 2024

Property Description

Welcome to this sought-after, purpose-built 6-plex on an expansive property in the heart of Junction/High Park! Its a remarkable opportunity for investors, those exploring live/rent options, individuals considering co-ownership arrangements, or families seeking multi-generational living. Key Features: A spacious 4,800 square feet of living space over three levels | Impressive lot measuring 50' x 200' (irregular at rear) | Private drive with double garage | One vacant unit available; remaining units are month to month | Potential to add multiple units and a garden suite | See development potential report in attachments | Current Property Condition Assessment is available. This ideal city property is located on a desirable tree-lined street just a short walk to High Park, the subway and the fabulous boutiques, bakeries, specialty food stores, coffee shops and restaurants in the Junction! Annual Gross Income* - $91,521 Annual Expenses* - $27,441 Net operating Income* - $64,080 *includes estimated income for vacant unit & estimated expenses. (buyer to complete due diligence).

Location

Province ON

County Toronto

Rooms

Family Room No

Basement Separate Entrance, Apartment

Kitchen 6

Separate Den/Office 2

Interior

Interior Features Carpet Free

Cooling Window Unit(s)

Inclusions See Schedule B.

Exterior

Garage Private

Garage Spaces 12.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 12

Building

Foundation Block

Listed by BABIAK TEAM REAL ESTATE BROKERAGE LTD.
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