Large 7-unit apartment Building in trendy South Riverdale/Leslieville area. 1 x 1-Bed Unit with kitchen, BathTub/Shower, 5 x 2-bed Units with Kitchen, Bath Tub/Shower, 1 x 3-Bed (full top floor) with Bath, DoubleSink Vanity, Shower, Large Tub, Kitchen, Washer and Dryer, its own Water Heater, and Electric Heating/Cooling System. The rest of the Units share 2 additional Hot Water Tanks, and a shared coin laundry facility. There are also two small storage rooms. A must-see building to appreciate the size and finishes of the apartments. 8 Parking spots. Windows 2017. New Roof 2020. Tenants pay Hydro. Close to restaurants, breweries, Chinatown East, Leslieville, Indian Bazaar and the Beaches. The New Ontario Line Subway will also increase transportation and value. Each Unit has its own electricity meter. Ideal for any investor looking for a cash flow positive asset with still significant upside on rents.
Address
10 Ivy Avenue
List Price
$2,949,000
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
Other
Area
Toronto E01
Sub-Area
South Riverdale
County
Toronto
Bedrooms
9 + 5
Bathrooms
7
Lot Size Source
GeoWarehouse
Lot Depth
125.47
Lot Shape
Rectangular
Lot Irregularities
50.07 ft x 125.47 ft x 50.07 ft x 125 ft
Lot Size Units
Feet
Lot Width
50.07
MLS® Number
E12036738
Listing Brokerage
KELLER WILLIAMS REALTY CENTRES
Basement Area
None
Postal Code
M4L 2H7
Parking
Private
Parking Places (Total)
8
Tax Amount
$14,101.00
Tax Year
2024
Interior Features
Water Heater
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
Heat Source
Electric
Heat Type
Baseboard
Cooling
Other
Construction Materials
Stucco (Plaster)
Direction Faces
North
Foundation Details
Unknown
Garage Type
None
Kitchens Total
7
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer