Toronto, Mount Pleasant West, M4S 1N7
$3,395,000
Listed by ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTATE.
Welcome to 31/33 Glebe Rd E, a fully detached fourplex in one of Midtown Toronto's most desirable rental locations. Situated on a prime street in the heart of Davisville just steps to Yonge & Eglinton, this income-generating property is a rare investment opportunity with exceptional value & long-term potential. Offering four spacious self-contained units, this property is perfect for investors or owner-occupied buyers looking to capitalize on a high-demand rental market. The property features two well-appointed two-bedroom apartments on the upper floors & two expansive three-bedroom apartments spanning main and lower levels. With separate hydro meters, tenants are responsible for their own heat & hydro, ensuring minimal expenses & maximizing net income. Each unit is designed for comfortable living, making it an attractive choice for tenants seeking space, convenience, & accessibility. With 4 car garage (2 currently used as storage) plus 3 car parking on a private drive, parking is extremely easy & convenient. Located just steps from premier shopping, dining, & TTC transit, this property is in an unbeatable location as a rental or there is an opportunity to convert to two single family semi-detached homes. Whether you're expanding your investment portfolio or looking for a multi-unit home in a thriving neighbourhood, or looking for an opportunity to build & renovated, this turnkey property is a fantastic opportunity.
Don't miss your chance to own this prime Midtown gem!
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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.
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.