2652 Victoria Park Avenue, Toronto - $2,390,000 | Modern Solution

2652 Victoria Park Avenue

2652 Victoria Park Avenue, Toronto

2652 Victoria Park Avenue in Toronto - 14 bedroom, 16 bathroom. Listed at $2,390,000.

Exceptional Multi-Unit Rental Investment Opportunity In A Prime Toronto Location! Built In 2019,This Large Detached Property Offers Approx. 4,850 Sq.Ft Above Grade Plus Approx. 2,400 Sq.Ft. Basement, With A Flexible Multi-Suite Layout Designed (14 Bedrooms, 16 washrooms) For Strong Rental Income Potential. Current Layout Includes 6 Suite-Style Rooms On The Second Floor, 2 Suite-Style Rooms 2 Powder Rooms On The Main Floor, And 6 Suite-Style Bedrooms In The Basement-tremendous Upside With Approx. The Property Is Equipped With 3 Hot Water Tanks, 2 Furnaces And 2 HRVs,$100K-$150K Additional Investment Estimated To Complete The Remaining Renovations. Similar Completed Multi-Unit Rental Properties May Support A Market Value In The Approx. $2.8M-$3M Range. Potential To Explore CMHC Financing Options And Additional Garden House Opportunity In The Back Yard, Subject To Applicable Approvals. Convenient Location Close To TTC, Hwy 401/404/DVP, Shopping, Schools, Parks And Everyday Amenities. Priced To Sell! Rare Large-Scale Income Property With Huge Upside Potential. Don't Miss This Great Investment Opportunity!

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 4250 sqft
  • Basement: Finished
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 4 spaces
  • Property Taxes: $14,325.7/yr
  • Neighbourhood: Pleasant View
  • Postal Code: M2J 4A6

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