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122 Parkmount Road Toronto, Ontario M4J 4V4

5 Bedroom 3 Bathroom

Wall Unit Heat Pump

$1,390,000

Live in one unit and rent the other two! Welcome to this stunning property nestled on a tranquil, tree-lined residential street, perfectly positioned between Danforth and Monarch Park. This impeccably crafted 3-unit home offers a gross rent of $7450/month, presenting a lucrative income stream for savvy investors or end-users who wish to live in one of the units and rent out the others. Fully renovated in 2017 with over $400K in renovations, each unit features separate entrances, ensuite laundry, and their own heating and cooling systems. With a projected CAP rate of 5.87% and positive cash flow, this property represents a rare find in Toronto's competitive real estate market. The main floor unit and basement unit are currently vacant, offering flexibility for new owners to either move in or rent out at market rates. The second-floor unit boasts vaulted ceilings in the bedroom and bathroom, adding a touch of grandeur, while both the second-floor and main floor units feature inviting decks, perfect for relaxing or entertaining. Whether you're seeking a turnkey investment property or a stunning residence with income potential, this opportunity offers the best of both worlds. **** EXTRAS **** Enjoy easy access to amenities & transportation options. The proximity to Coxwell Station makes commuting a breeze, with a mere 9-min walk. 1 designated parking spot at the rear of the property. (id:51860)

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Property Details

MLS® Number	E8300978
Property Type	Single Family
Community Name	Greenwood-Coxwell
Amenities Near By	Public Transit, Schools, Hospital
Community Features	Community Centre
Parking Space Total	1

Building

Bathroom Total	3
Bedrooms Above Ground	4
Bedrooms Below Ground	1
Bedrooms Total	5
Amenities	Separate Electricity Meters, Separate Heating Controls
Appliances	Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Storage Shed, Stove, Two Washers, Two Stoves, Washer, Window Coverings
Basement Features	Apartment In Basement, Separate Entrance
Basement Type	N/a
Construction Style Attachment	Semi-detached
Cooling Type	Wall Unit
Exterior Finish	Brick
Foundation Type	Unknown
Heating Fuel	Electric
Heating Type	Heat Pump
Stories Total	2
Type	House
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit, Schools, Hospital
Sewer	Sanitary Sewer
Size Irregular	18.33 X 100 Ft
Size Total Text	18.33 X 100 Ft\|under 1/2 Acre

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Kitchen	1.91 m	3.91 m	1.91 m x 3.91 m
Second Level	Living Room	3.91 m	3.53 m	3.91 m x 3.53 m
Second Level	Bedroom	3.15 m	2.26 m	3.15 m x 2.26 m
Second Level	Bedroom 2	2.36 m	2.24 m	2.36 m x 2.24 m
Basement	Bedroom 5	3.07 m	2.31 m	3.07 m x 2.31 m
Basement	Kitchen	3.63 m	3.63 m	3.63 m x 3.63 m
Basement	Living Room	3.53 m	2.64 m	3.53 m x 2.64 m
Main Level	Kitchen	1.83 m	4.67 m	1.83 m x 4.67 m
Main Level	Living Room	3.71 m	3.76 m	3.71 m x 3.76 m
Main Level	Bedroom 3	2.59 m	3.2 m	2.59 m x 3.2 m
Main Level	Bedroom 4	1.96 m	2.64 m	1.96 m x 2.64 m

Utilities

Sewer	Installed
Cable	Available

https://www.realtor.ca/real-estate/26840257/122-parkmount-road-toronto-greenwood-coxwell

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Last Updated
May 16 2024 07:26:48

Data Provider
Toronto Real Estate Board

Listing Office
RE/MAX Ultimate Realty Inc.

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