Toronto, Woodbine-Lumsden, M4C 0A8
$2,349,000
Listed by RE/MAX HALLMARK REALTY LTD..
One of a kind, 3 unit home w/ oversized insulated & tricked out garage w/ gorgeous rooftop terrace in East York. Situated on a desirable corner lot. Comprehensive sound proofing initiatives throughout the units. Live in the owners suite & rent out the other 2. 4 car parking & all units city approved. Enjoy the highest level of quality workmanship. Remarkable blend of modern design & luxurious features. High-end faux wood tile ceramic extremely durable flooring throughout all 3 units. Owners suite has vaulted ceilings, open concept kitchen w/ sleek white lacquer cabinets, undermounted lighting & beautiful backsplash, oversized island w/ b/i micro & ample storage. Custom single stringer staircase leads to gorgeous terrace w/ b/i hot tub, gas line for BBQ & gas line for firepit, large storage cabinets & irrigated turf area for pets. 4 piece ensuite w/ double sinks & 2 person glass shower enclosure. LED lighting system throughout & b/i HEOS wired sound system. The oversized garage is a dream space w/ heated floors. This space can be enjoyed year-round. 3pc bath & wet bar w/ potential for a 4th unit or a luxurious man-cave/workshop. The 276 King Edward units offer a separate entrance with two fantastic 2 bdrm suites w/ beautifully updated interiors. High vaulted ceilings on upper unit. Upper unit has 4 pc bath, lower unit has 3pc bath. Both kitchens come equipped w/ stainless steel appliances. Previously rented for a combined income of $5,000 per month (plus hydro), both suites are currently vacant, offering endless possibilities for new owners. Each suite has its own washer & dryer. These suites are ideal for rental income or multi generational accommodations. This home offers the best of both worlds: luxurious living & excellent rental income potential. Whether you're looking for a spacious home w/ modern amenities or an investment property w/ income-generating opportunities, this property has it all!
4 fridges, 3 stoves (1 gas, 2 electric), 3 dishwashers, 1 beverage chiller, 2 otr microwaves (1 microwave built into island), 3 washers, 3 dryers, 2 multi head a/c systems. All window coverings & elfs. Alarm system & security cameras. 272 King Edward has Hunter Douglas power blinds. *All Renos completed In 2018 w/ all new electrical, plumbing and mechanical.**
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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.