200 Simpson Avenue For Sale

Toronto, North Riverdale, M4K 1A6

$899,000

Description

Listed by RE/MAX HALLMARK REALTY LTD..

This Prime Riverdale renovated duplex presents a fantastic opportunity for those interested in a live/rent arrangement or for investors seeking to generate substantial rental income. The property is currently configured as two separate units. The main floor and basement form a spacious 2-bedroom unit, which is currently vacant, offering immediate occupancy or rental potential. The second floor features a 1-bedroom unit with a reliable AAA tenant who is eager to continue renting(Currently pays $2300 mo plus utilities) The versatility of this duplex is one of its standout features. It can easily be converted back into a single-family 3-bedroom home with a finished high basement, catering to growing families or those who prefer more living space. Additionally, the property boasts parking for two cars and includes two separate walkouts, enhancing its convenience and accessibility. Situated in the vibrant east end community of Riverdale, the location is steps away from a variety of amenities, making it highly desirable. The home is bathed in natural light, creating a warm and inviting atmosphere throughout. This property is truly a turnkey investment, offering immediate value and potential for future growth.

Location

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Address: 200 Simpson Avenue
Neighborhood: North Riverdale
City: Toronto
State: Ontario
Postal Code: M4K 1A6

Property Video

Property Details

Property ID: E8463558
Property Price: $899,000
Style: Semi-Detached, 2-Storey
Rooms: 6+1
Bedrooms: 3+1
Bath: 2
Parking Spaces: 2
A/C: Central Air
Basement: Finished
Den: N
Elevator: N
Exterior: Brick
Heating: Forced Air
Fireplace: N
Taxes: $5,324.00 (2023)
Lot: 98.00x16.17 (Feet)

Room details and dimensions

Living

Size: 12.57
Width: 3.15
Length: 3.99

Dining

Size: 9.74
Width: 2.89
Length: 3.37

Kitchen

Size: 12.42
Width: 3.49
Length: 3.56

Size: 10.76
Width: 2.98
Length: 3.61

Size: 12.95
Width: 3.15
Length: 4.11

Living

Size: 14.65
Width: 3.44
Length: 4.26

Kitchen

Size: 17.16
Width: 3.56
Length: 4.82

Size: 14.11
Width: 3.58
Length: 3.94

Statistics for similar Semi-Detached homes in North Riverdale

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 Semi-Detached homes in North Riverdale

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.