Bedrooms: 5
Bathrooms: 6
Living Area: 2,000 sqft
Price Per Sqft: $1,337.50
Welcome to 52 Heydon Park Road, a beautifully maintained investment property gutted and rebuilt in the mid 90's features 5 self-contained apartments with 4 separate hydro meters on a 400amp service, basement underpinned with over 7 foot ceilings . Nestled in one of Toronto's most vibrant and desirable neighborhood, located on a quite street yet steps to College St restaurants, cafes, Dovercourt YMCA, parks, Little Italy, Little Portugal, transit and schools. This exceptional multi-unit property is perfect for investors looking to generate solid income or perfect for a family looking to occupy the second floor unit featuring approximately 1200 sq ft with 3 Bedrooms, 2 baths, en-suite laundry, independent HVAC system, fireplace, and a deck, while keeping the 4 lower rental units to off set mortgage payments. The property brings in over $8,800/month in current rental income, with the potential to exceed $10,500/month. It's fully tenanted with reliable professional occupants and includes shared coin operated laundry room for main floor and basement units. A private driveway and detached garage provide extra value, with parking income potential of $500/month boosting your cash flow even further. Each unit is unique, self-contained, with separate heating/AC systems. Situated on a slightly elevated south facing landscaped corner lot providing natural light throughout the day with great curb appeal, the newly installed side yard interlocking leads to a rear double private driveway facing a detached double garage. This is truly a turn key investment with very low interior and exterior maintenance, in a fantastic location.
Listed by RE/MAX WEST REALTY INC..
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| Purchase Price | |
| First-Time Home Buyer |
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| Ontario Land Transfer Tax | |
| Toronto Land Transfer Tax | |
First-time homebuyers may be eligible for a refund of up to $4,000.
Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers
First-time homebuyers may be eligible for a rebate of up to $4,475.
Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities
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