162 Grace Street Sold 2 months ago

Toronto, Palmerston-Little Italy, M6G 3A6

$1,449,900$000000

Description

Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY.

You just hit the dual-zoning JACKPOT in the core of Little Italy! This semi-detached property falls within the best stretch of commercial zone in this thriving community! Checks all the boxes for investors/builders/residents alike as it is a cash flow opportunity where you can choose to have a multi-generational living arrangement, to live and rent or run a business from day 1!Four separate units spread over 2400SF living space, with great tenants, generous sized living spaces with each having either a private balcony or separate yard (split in two).Truly a walker's paradise, so daily errands don't require car, not to mention all the parks, boutiques and the renown cafes/restaurants at your doorstep!($76,500 NET rent/annum or $6400/mo NET.)Steps to the buzz on College, close to U of T, amazing schools, streetcar stop 1 min., Christie Subway Stn.14 min walk, Trinity-Bellwoods Park12.min. Laundry 4 min away. Don't miss the massive upside with this property for a long term investment play!

See attach.: Fin.Stmt., Zoning Map, Hood Q Report/ Officially 2 3/4 storeys/St. Permit Pkg.$21.34/mo./Res. MLS#C8331868/Not separately metered/New Roof/Eaves/Fascia 2014/Bsmt Reno '90/Bsmt Elec. Panel upgraded 2010. $Multi-storey potential$

Location

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  • Address: 162 Grace Street
  • Neighborhood: Palmerston-Little Italy
  • City: Toronto
  • State: Ontario
  • Postal Code: M6G 3A6

Property Video

Property Details

  • Property ID: C8331868
  • Property Price: $1,449,900
  • Style: Duplex, 2 1/2 Storey
  • Sq/Ft: 1500-2000
  • Rooms: 14
  • Bedrooms: 6
  • Bath: 4
  • Year Built: 100+
  • Basement: Finished, Sep Entrance
  • Den: N
  • Exterior: Alum Siding, Brick
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $5,778.11 (2023)
  • Acreage: < .50 Acres
  • Lot: 50.00x23.33 (Feet) - Cr3 - Total Density 3X Lot Area

Room details and dimensions

Statistics for similar Duplex homes in Palmerston-Little Italy

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 Duplex homes in Palmerston-Little Italy

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 Duplex homes in Palmerston-Little Italy

Contact Manoj Kukreja

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

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