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

 

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