Fully Renovated Multi-Unit Victorian with Newly Built 3+1 Bedroom Laneway House in Prime Downtown Central Location. This is a special combination of charm and contemporary features in one of the deepest, widest lots available on the market. Rent all the units or live in one and rent out the others. There are 3 apartments in the main house and 2 in the laneway. All units are currently rented to AAA tenants at premium market rent. These units were leased within days of listing, with multiple offers, some above asking. Each unit has its own thermostat and separate meter. ATTENTION INVESTORS: This property is hands-off, worry-free, low maintenance, and generates one of the most competitive cap rates you will find downtown. See financials attached. For details and photos of the houses, see the attached brochure. Renovations done with complete permits and survey, docs attached.
Ideal and convenient downtown location with access to public transit right out the door. Steps to Grange Park, OCAD university campus, Chinatown, Kensington Market, and King West.
City: Toronto
Neighborhood: Kensington-Chinatown
Located at 19 Grange Ave , this Toronto house was listed for $4,300,000. This house's size is 3500-5000 Sqft. It has 8 bedrooms and 8 bathrooms. The property includes the following rooms: Living, Kitchen, Br, 2nd Br, Living, Kitchen, Br, 3rd Br, Living, Kitchen, Br, 2nd Br. 19 Grange Ave, Toronto is situated in the Kensington-Chinatown neighbourhood.
MLS#: C8048832 · $4,300,000 · 8 bedroom house in Kensington-Chinatown, Toronto