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293/295 Indian Grove Toronto (High Park North), Ontario M6P 2H6

5200 sqft
None Radiator

$3,490,000

High Park legal 6-plex plus shovel-ready garden suites! 4 two-bedroom units and 2 large, bright one-bedroom lower level units, 4 of 6 renovated, 100% leased with in-place NOI of $144,860. 2 BR units approx 892 Sq Ft & 1 BR units are approx 794 Sq Ft. COA approved and building permits issued (transferable) for two new rent-control-exempt garden suites: a 3 bed (1,137 sf) and a 2 bed (971 sf). Design, permit fees and DCs already paid, and a fixed-price CCDC build quote in hand - the approvals work is done, grow from 6 units to 8. Additional upside as two legacy 2-bedroom units turn over to market. Rare 4-car detached garage and private drive. All units with separate upgraded electric panels. Coin laundry. Exceptional investment and solid money maker on a nice lot. Short walk to Bloor shops, Keele subway station and High Park. Own a stabilized 6-plex today and an 8-plex tomorrow. Great opportunity to own a High Park North asset. (id:45725)

Property Details

MLS® Number W14141202
Property Type Multi-family
Community Name High Park North
Parking Space Total 4

Building

Appliances Dryer, Microwave, Hood Fan, Washer
Cooling Type None
Heating Type Radiator
Size Exterior 5200 Sqft
Size Interior 5200 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 133 Ft ,9 In
Size Frontage 47 Ft ,10 In
Size Irregular Bldg=47.9 X 133.8 Ft
Size Total Text Bldg=47.9 X 133.8 Ft
Zoning Description R(d0.6*737)

https://www.realtor.ca/real-estate/30470722/293295-indian-grove-toronto-high-park-north-high-park-north

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