6 Bedroom
5 Bathroom
3500 - 5000 sqft
Fireplace
Central Air Conditioning
Forced Air
$1,599,000
Power of Sale Opportunity! Renovated semi detached property featuring 3 separate units with the potential to generate approximately $10,000/month in gross rental income when fully leased. The front unit is currently rented at $4,200/mo while the two additional units are vacant and recently renovated. Perfect for investors seeking strong rental income or end users looking to live in one unit while collecting rental income from the other two, helping significantly offset mortgage and carrying costs. Further upside with the potential to build a laneway home with 2 additional units subject to approvals and due diligence. Located in an excellent, highly desirable area within walking distance to vibrant neighbourhood amenities, restaurants, cafes, shopping, transit and more. A rare opportunity combining strong income potential, flexible living options and addition of potential laneway units increasing future value and upside! (id:51382)
Property Details
|
MLS® Number
|
C13795598 |
|
Property Type
|
Single Family |
|
Community Name
|
Trinity-Bellwoods |
|
Features
|
Sump Pump |
|
Parking Space Total
|
4 |
Building
|
Bathroom Total
|
5 |
|
Bedrooms Above Ground
|
6 |
|
Bedrooms Total
|
6 |
|
Appliances
|
Dishwasher, Dryer, Microwave, Range, Stove, Washer, Window Coverings, Refrigerator |
|
Basement Development
|
Finished |
|
Basement Features
|
Separate Entrance, Walk-up |
|
Basement Type
|
N/a, N/a (finished), N/a |
|
Construction Style Attachment
|
Semi-detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Fireplace Present
|
Yes |
|
Foundation Type
|
Concrete |
|
Half Bath Total
|
1 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
3 |
|
Size Interior
|
3500 - 5000 Sqft |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
130 Ft ,8 In |
|
Size Frontage
|
25 Ft |
|
Size Irregular
|
25 X 130.7 Ft |
|
Size Total Text
|
25 X 130.7 Ft |
https://www.realtor.ca/real-estate/30291599/16-fennings-street-toronto-trinity-bellwoods-trinity-bellwoods