141 Gracefield Avenue Toronto, Ontario M6L 1L4

$1,469,000

Must see, custom renovated income producing property! 4 completely independent apartments (three 2 bed, 2 bath apartments + one 1 bed, 1 bath apartment), all with separate entrances, en-suite laundry, full kitchen, and luxurious finishes. Quartz countertops in all kitchens. 51 x 129 ft lot in the sought after Maple Leaf neighbourhood! Premium porcelain tiles & engineered hardwood flooring through the main apartments. Porcelain tile & luxury vinyl flooring in basement apartments. Front main level apartment (2 bed, 2 bath). Rear basement apartment (1 bed, 1 bath). 9 foot ceilings on main level, 8 ft ceilings in basement. Fully renovated in 2019. Single attached garage. Two furnaces, 2 A/C units. **REAR MAIN LEVEL APARTMENT IS NOW VACANT!*** ***MAIN FRONT APARTMENT WILL BE VACANT AS OF APRIL 1** CAN BE PURCHASED AS AN OWNER OCCUPIED INVESTMENT PROPERTY! MAIN FRONT 2 br, 2 bath: $2300 month to month (tenant leaving and will be vacant for April 1st). MAIN REAR 2 bed, 2 bath: VACANT (previously $2400/month). LOWER FRONT 2 bed, 2 bath: $2000 month to month. LOWER REAR 1 bed, 1 bath: $1500 month to month. 98,400 gross annual rental income when fully occupied! All Inclusive rents. BOTH MAIN LEVELS WILL BE VACANT, leaving opportunity to convert back to single family main level, keeping two basement apartments for additional income! (id:35544)

Property Details

Building

Parking

Land

Rooms