52 Heydon Park Rd

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Listing Description

Welcome to 52 Heydon Park Road, a beautifully maintained legal triplex gutted and rebuilt in the mid 90's features 2 extra units with a total of 5 self-contained apartments with 4 separate hydro meters on a 400amp service, basement underpinned with over 7 foot ceilings . Nestled in one of Toronto's most vibrant and desirable neighborhood, located on a quite street yet steps to College St restaurants, cafes, Dovercourt YMCA, parks, Little Italy, Little Portugal, transit and schools. This exceptional multi-unit property is perfect for investors looking to generate solid income or perfect for a family looking to occupy the second floor unit featuring approximately 1200 sq ft with 3 Bedrooms, 2 baths, en-suite laundry, independent HVAC system, fireplace, and a deck, while keeping the 4 lower rental units to off set mortgage payments. The property brings in over $8,800/month in current rental income, with the potential to exceed $10,500/month. It's fully tenanted with reliable professional occupants and includes shared coin operated laundry room for main floor and basement units. A private driveway and detached garage provide extra value, with parking income potential of $500/month boosting your cash flow even further. Each unit is unique, self-contained and updated with it's own kitchen and bathroom, separate heating/AC systems. Situated on a slightly elevated south facing landscaped corner lot providing natural light throughout the day with great curb appeal, the newly installed side yard interlocking leads to a rear double private driveway facing a detached double garage. This is truly a turn key investment with very low interior and exterior maintenance, in a fantastic location.
5 Fridges, 5 Stoves, One stack washer/dryer (second floor) coin-operated washer/dryer (basement laundry room) 2 owned electric hot water tanks, 1 remote garage door opener, all window blinds and electric light fixtures.