CAONTorontoBeaconsfield50 Grove Ave
50 Grove Ave, House attached with 6 bedrooms, 4 bathrooms and null parking in Toronto ON | Image 1
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$1,400,000

50 Grove Ave, Toronto, ON

House

For Sale

$--,---,---
640
  • Key Facts
  • Description
  • Map

Key Facts

Type Attached
Levels Residential
Size -
Garage Yes
Taxes $8,183
Days Active 0
Lot Size 
Approx. Age 
MLS® Number C12152177

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Talk about pride of ownership, this one scores high across all categories. First, you'll fall in love with the gorgeous victorian townhouse curb appeal. Next, it makes great money sense, as you're pulling in approximately $90, 000 in NET income. Tenant quality is also fantastic as it's a true downtown 4plex with all units above ground attracting professional applicants. Detached garage parking off the laneway clears the path for your potential 1250 square foot LANEWAY HOUSE that you could rent out for well over $3, 000. Finally, Trinity Bellwoods is arguably Toronto's most vibrant neighbourhood, so you've definitely taken care of location, location, location. I would say overall, the property scores 7 out of 10 in terms of condition. Lots of renovations too, like brand new porch, full reno of third floor unit and front unit on the second floor, kitchens, bathroom, some updates on the second floor rear unit, and the main floor tenant has been there a while, so not much there. The basement could use finishing to maximize rental potential. The electrical is copper, but updating to a 200 amp system is worth it, furnace, roof and A/C are mid life and the garage is original construction. So, it wouldn't take you much to make this into a 9 out of 10, as nothing is perfect:) I'll be hosting many mini open houses during the week, but not your typical weekend open house. Please reach out to make an appointment for one of the available time slots that's convenient for you.Show Description
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No Data
Walk Score®
-
No Data
Transit Score®
-
No Data
Bike Score®
MLS® NumberC12152177
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementUnfinished
DrivewayGarage Type:Detached
Garage Spaces
HeatGas, Forced Air
A/CCentral Air
Heating Fuel

Extras

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