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$3,088,000
Est. payment /mo
5,280 SqFt
Active
11 Laxton AVE Toronto W01, ON M6K 1K8
UPDATED:
08/21/2024 12:53 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,280 sqft
Price per Sqft $584
MLS Listing ID W8350932
Annual Tax Amount $11,379
Tax Year 2023
Property Description
Discover this detached Edwardian-style manor in Parkdale, an exceptional turn-key investment opportunity to build generational wealth. Renovated in 2018, this property spans three levels and comprises 7 spacious, self-contained 1-bedroom units, with the potential for an 8th unit (partially finished) on the main floor. Additional features include a fully detached double car garage, perfect for conversion into a large garden suite, plus 4 surface-level parking spaces. The property also offers shared coin-operated laundry facilities on the lower level and an ensuite laundry in one of the units, providing ample convenience and maximizing rental potential. Located in a part of the city that ensures sustained demand for rental properties.
Location
Province ON
County Toronto
Zoning Multi-Residential
Interior
Cooling No
Inclusions 7 Fridges & Stoves, 1 set of coin washer/dryer's & 1 washer/dryer combo, 1 dishwasher.
Exterior
Community Features Public Transit
Utilities Available None
Parking Type Double Detached
Others
Security Features No
Listed by MIRA INTERNATIONAL REALTY BROKERAGE INC.