Seize This Rare Chance To Acquire A Prime Income-Generating Property On One Of Toronto's Well-known Streets In The Heart Of Toronto. Currently Yielding Approximately $5,100 Per Month, This Property Offers Immediate Returns With Incredible Potential For Future Development. This Large Lot Comes With Approved Plans For A Luxurious 3,200 Sq. Ft. Custom-Built Home Featuring 5 Bedrooms, Designed To Meet The Highest Standards Of Modern Living. Whether You Choose To Build Or Maintain The Existing Structure, This Property Promises Exceptional Value. The Current Home Is Thoughtfully Laid Out, Featuring 3 Bedrooms On The Main Floor And An Additional 2 Bedrooms In The Basement, Offering Flexibility For Multi-Generational Living Or Rental Income. The Home Features Two Fully Equipped Kitchens, One On The Main Floor And One In The Basement, Along With A Separate Entrance To The Lower Level. Ample Parking Is Provided With 4 Private Driveway Spaces, Plus An Additional Spot In The Detached Garage, Which Might Hold Potential For Conversion Into Another Income-Producing Unit. This Is A Remarkable Addition To Any Investors Portfolio, Offering Multiple Avenues For Revenue Generation And Development In One Of The City's Most Sought-After Locations. A Brief Walk To Public Transit, Restaurants, Bars, And Shops. And, A Short Drive To Yorkdale Shopping Centre, The 401 & Allen Road.
Property Features
- Date Listed: Wednesday, August 21, 2024
- City: Toronto
- Neighborhood: Yorkdale-Glen Park
- Full Address: 1120 Glencairn Avenue, Toronto, M6B 2B4, Ontario, Canada
- Kitchen: Ceramic Floor
- Listing Brokerage: International Realty Firm, Inc. - Disclaimer: The information contained in this listing has not been verified by International Realty Firm, Inc. and should be verified by the buyer.
