515 Salem Avenue N, Toronto - Sold for $1,118,000 | Modern Solution Realty

515 Salem Avenue N, Toronto

515 Salem Avenue N in Toronto - 5 bedroom, 3 bathroom. Sold for $1,118,000. Listed at $1,138,000.

Come take a look at this fantastic property! A perfect chance to get into the Toronto investment market. Both units are spacious, providing immediate cash flow from day one. Basement is now Vacant. Looking for future upside? A laneway report is available, showing the potential to add a laneway house and further increase rental income. Located in a prime area, walk to the St. Clair streetcar, Bloor subway line, and the exciting Galleria redevelopment. Whether you're an investor looking for turnkey rental income or planning to maximize future potential, this property checks all the boxes. Don't miss on this opportunity!

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 1300 sqft
  • Basement: Finished
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 2 spaces
  • Property Taxes: $5,678.28/yr
  • Neighbourhood: Dovercourt-Wallace Emerson-Junction
  • Postal Code: M6H 3C9

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