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$2,649,000

Est. payment - /mo

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8 Beds

4 Baths

3,499 SqFt

Active

21 MACDONELL AVENUE Toronto (roncesvalles), ON M6R2A3

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Taryn Pessanha

info@redribbonrealty.ca +1(403) 400-0831

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,499 sqft

Price per Sqft $757

Subdivision Roncesvalles

MLS® Listing ID W12022549

Bedrooms 8

Originating Board Toronto Regional Real Estate Board

Property Sub-Type Freehold

Property Description

Prime 4-Unit Income Property, a rare opportunity in the heart of Roncesvalles, this stunning red double-brick classic home offers exceptional rental income for investors or savvy homeowners, with 4 incredible fully equipped, spacious 2-bedroom apartments. Each self-contained unit boasts modern upgraded kitchens with dishwashers, private entrances, and ensuite laundry for ultimate convenience. Thoughtfully designed with spacious layouts, the main floor features soaring ceilings and timeless character. The second floor offers a functional layout, a private balcony, and an oversized sunlit west-facing living room. The third floor is warm and inviting, with an open-concept kitchen and abundant natural light. The basement unit impresses as a true 2 bedroom apartment with large above-grade windows and a walkout to the backyard. Serviced by a high-efficiency boiler (2018) and a 400-amp electrical system, each unit has its own 60-amp service, with additional capacity for future expansion. Amazing, spacious backyard and oversized 3-car garage, featuring three skylights and updated garage doors (2018), presents a fantastic opportunity for a laneway suite, with two parking spaces currently rented and one vacant. The units generate substantial rental income with less than average property expenses. Nestled between Roncesvalles and Queen West, this property is steps from vibrant cafes, restaurants, High Park, waterfront trails and major TTC routes, with easy access to Lakeshore Blvd and the Gardiner for seamless commuting. A walker's paradise with unbeatable rental demand, this is a turnkey investment opportunity perfect for generating passive income or accommodating multigenerational living, a very special opportunity in one of the best neighbourhoods in Toronto. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 3.15 m X 2.99 m Bedroom

Extra Room 2 Second level 2.72 m X 2.71 m Bathroom

Extra Room 3 Second level 4.6 m X 2.01 m Foyer

Extra Room 4 Second level 2.55 m X 2.43 m Kitchen

Extra Room 5 Second level 3.41 m X 2.62 m Dining room

Extra Room 6 Second level 4.83 m X 4.02 m Living room

Interior

Heating Radiant heat

Flooring Hardwood, Tile, Vinyl, Cork

Exterior

Parking Features Yes

Community Features Community Centre

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 3

Sewer Sanitary sewer

Others

Ownership Freehold

Virtual Tour https://www.youtube.com/watch?v=LHjIv29nqEE

Listed by SAGE REAL ESTATE LIMITED

Taryn Pessanha

Agent | License ID: CON-00083061

+1(403) 400-0831 | info@redribbonrealty.ca

21 MACDONELL AVENUE Toronto (roncesvalles), ON M6R2A3

Taryn Pessanha

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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21 MACDONELL AVENUE