Property Description

price$1,445,000
typeInvestment, Apartment
areaParliament & Wellesley
buildingHouse
address11 1-2 Rose Avenue, Toronto, ON
bedroomsApts-6 To 12 Units
square footage(Lot)
annual property tax$13,737.60/2009
maintenance fee$N/A
possession date60-90 Tba
Outstanding opportunity to own a fabulous multi-unit house in downtown Toronto!! Live in and rent units, or rent out entire property. Potential for 9 legal, self contained units. Property is presently owner occupied- main floor and lower level- with 5 fully rented units. Potential yearly income: $97,369.58! Potential for 6 parking spaces off laneway.

Huge basement suite (2154 sqft) with high ceilings and exposed stone and brick throughout. Main floor (1813 sqft) has a junior bachelor and large 2 bdrm suite with 10 ft ceilings, crown mouldings, new kitchen, brazillian hardwood floors. 2nd floor (1813sqft) has 2- 1 bdrm suites and a split level 2 bdrm suite between 2nd and 3rd floor. 3rd Floor (1727 sqft) has a large 3 bdrm suite with very large kitchen. Property is loaded with extra features such as hardwood, exposed brick and decks. Over $300,000 spent in upgrades since 2002. Large 40 X 129.48ft lot.