1230 Avenue Road For Sale

Toronto, Lawrence Park South, M5N 2G6

$3,995,000

Description

Listed by RE/MAX REALTRON REALTY INC..

Discover an incredible investment opportunity with this impeccably maintained multiplex apartment building in the prestigious Lawrence park neigh'hood. Featuring 6 spacious 2 bdrm, 1 bathrm apartments, 5 of which are rented to reliable tenants plus one unit is currently landlord occupied. This property guarantees immediate income. The landlord's apt is extra luxe with a large jacuzzi tub-offers the option for you to live in luxury in that unit or rent it at market price. Upper floor apts have electric fireplaces. Situated in highly sought-after public school district & close to private schools. The building is within walking distance to parks, dining, shopping, steps from public transit. 3 apts have been significantly reno'd with main & upper floor units boasting ductless AC. Upper floor apts have 18 foot cathedral ceilings w/ 2 large skylights each. Additional income streams come from parking & coin operated laundry machines. Each apartment has metered hydro; lower level units pay for their heat while enjoying walk-outs. Wiring and plumbing brought up to date. Fenced yard. Income and expenses as an attachment to MLS.

4 covered parking spots, 2 outdoor parking spots, 2 laundry rooms, 3 jacuzzi tubs. 6 Fridges, 6 stoves, 4 dishwashers (upper & main flrs), ductless AC, garden shed.

Location

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  • Address: 1230 Avenue Road
  • Neighborhood: Lawrence Park South
  • City: Toronto
  • State: Ontario
  • Postal Code: M5N 2G6

Property Video

Property Details

  • Property ID: C9242163
  • Property Price: $3,995,000
  • Style: Multiplex, 2-Storey
  • Sq/Ft: 5000+
  • Rooms: 22
  • Bedrooms: 8+4
  • Bath: 6
  • Garages Spaces: 4
  • Garage: Detached
  • Parking Spaces: 6
  • A/C: Wall Unit
  • Basement: Apartment, Fin W/O
  • Den: N
  • Exterior: Brick
  • Heating: Water
  • Fireplace: Y
  • Taxes: $12,539.00 (2023)
  • Lot: 172.00x50.50 (Feet)

Room details and dimensions

Statistics for similar Multiplex homes in Lawrence Park South

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Multiplex homes in Lawrence Park South

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Multiplex homes in Lawrence Park South

Property History

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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100