Active
996-998 Avenue Rd
Toronto Ontario, M5P 2K8
$3,690,000
Active
8 Beds
4 Baths
Multi-family
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!
C8469984
MLSⓇ ID
August 30, 2024
Updated
Map
996-998 Avenue Rd
Toronto Ontario, M5P 2K8
Interior Features
Bedrooms
8
Total Bathrooms
4
Laundry Description
Lower
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Radiant, Gas
Exterior/Building Features
Lot Size
0.13 Acres
Sewer
Sewers
Other Property Details
Area Name
Yonge-Eglinton
Taxes
$10,844
Tax Frequency
Annually
Garage
Yes
Garage Spaces
4
Parking
Other
Parking Total
4
View
No
County
Ontario
Municipality
Toronto
Water Source
Municipal
Pool
No
Pool Features
None
Courtesy of Listed by , SKYLAND REALTY INC.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2024 Toronto Real Estate Board. All rights reserved.
Data last updated 4:19 PM UTC, 8/30/2024