$1,549,900
Available - For Sale
Listing ID: W12799232
151 Ascot Avenue , Toronto, M6E 1G5, Toronto
| Get the early jump on your spring build project with a rare, near-ready opportunity in a prime urban pocket. A 36 x 120 ft lot with severance approaching final completion for two 18 x 120 ft lot, unlocking the path for serious density and long-term value creation. *Plans for two fourplexes plus a laneway suite for each unit delivers five rentable units per lot and a powerful multi-unit footprint once the process is finalized.* The existing dwelling remains in clean, livable, and in rentable condition, offering immediate holding income while you prepare for the next phase. A scale of opportunity rarely available in this pocket. A strategic buy with rare multi-unit opportunity nearing the finish line and ready for its next chapter, the groundwork is already laid fora custom builder or investor looking to maximize density and appreciation. *Property currently provides strong rental income with a cap rate of 4.5-4.7% which unheard of on a redevelopment lot with efficient drawings ready to go! Property consists of 3 units plus garage with Approximately $6,912.50, per month with tenants paying their proportionate share of utilities, providing options to keep these very efficient drawings and build now or in a few years as market sets to rebound.* |
| Price | $1,549,900 |
| Taxes: | $5980.00 |
| Occupancy: | Owner |
| Address: | 151 Ascot Avenue , Toronto, M6E 1G5, Toronto |
| Directions/Cross Streets: | Ascot and Harvie |
| Rooms: | 5 |
| Bedrooms: | 5 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Finished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 3 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Detached |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | Detached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX WEST REALTY INC. |
|
|
%20Edited%20For%20IPRO%20May%2029%202014.jpg?src=Custom)
Mohini Persaud
Broker Of Record
Bus:
905-796-5200
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Freehold - Detached |
| Area: | Toronto |
| Municipality: | Toronto W03 |
| Neighbourhood: | Corso Italia-Davenport |
| Style: | 2-Storey |
| Tax: | $5,980 |
| Beds: | 5+1 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
Locatin Map:
Payment Calculator:
