Turn-key property you have been waiting for! Edwardian semi that offers both a stunning single family home & double income-generation property. Fully renovated property includes a legal basement apart. with separate entrance, plus a gorgeous laneway house, with enough space for your car & toys & 2nd flr studio apart. Separate units offer amazing options to lower your living costs by paying close to half of your mortgage with just 20% down. Alternatively, you have the flexibility to live with family while simultaneously providing independent & private apartment units. Top of the line finishes throughout the home are a must see so you can experience the attention to detail & quality craftsmanship. Open concept main floor w/ stunning flat panel custom kitchen, 6-burner gas stove, wall oven, built-in oven & fridge. Spacious living room w/ gas fireplace, architectural lighting, engineered hardwood flrs, floating white oak stairs & glass railings gives the home perfect modern touches.
Rental income potential for basement is $2100/m long term or $6,000/m short term. Laneway house income potential income is $2000/m or $6000/m short term. $49,200/y long term or $121,200/y short term. How much of your mortgage does that pay?
City: Toronto
Neighborhood: South Riverdale
Located at 8 First Ave , this Toronto house was listed for $1,999,900. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 5 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Prim Bdrm, 2nd Br, 3rd Br, 4th Br, Br, Living, Kitchen, Living, Kitchen. This property comes with 2 parking spots. 8 First Ave, Toronto is situated in the South Riverdale neighbourhood.
MLS#: E7220930 · $1,999,900 · 4 bedroom house in South Riverdale, Toronto