This is the turn-key property you have been waiting for. Fully renovated Edwardian semi with a legal basement apartment with a separate entrance. Plus a gorgeous lane way house with enough space for your car & toys with 2nd floor studio. Both of these separate units offer an amazing opportunity to lower your living costs. You can have the separate units pay for close to half of your mortgage with just 20% down. Or if you have a family member you need to help care for you can have them live in your home while still offering them a separate living space. 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 Dacor stove, wall oven, built-in oven & fridge. Spacious living room w/ gas fireplace
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
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Mar 20, 2024 | 21 | $2,665,000 | N/A | Terminated | E8157358 |
| Nov 30, 2023 | 19 | $2,665,000 | N/A | Terminated | E7331194 |
| Oct 26, 2023 | 34 | $2,665,000 | N/A | Terminated | E7248832 |
| Oct 16, 2023 | 0 | $2,899,000 | N/A | Terminated | E7220252 |
| Oct 16, 2023 | 10 | $1,999,900 | N/A | Terminated | E7220930 |
| Aug 9, 2023 | 50 | $2,649,900 | N/A | Terminated | E6729132 |
| Jul 4, 2023 | 36 | $2,899,000 | N/A | Terminated | E6635612 |
| Feb 10, 2022 | 6 | $1,485,000 | $1,676,000 | Sold | E5496582 |
Located at 8 First Ave , this Toronto house was listed for $2,800,000. 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#: E8219462 · $2,800,000 · 4 bedroom house in South Riverdale, Toronto