272&276 King Edward Ave, Toronto, M4C 0A8

Home Overview

Description

One of a kind, 3 unit home w/ oversized insulated & tricked out garage w/ gorgeous rooftop terrace in East York. Fantastic income property or ultimate family compound! Situated on a desirable corner lot. Comprehensive sound proofing initiatives throughout the units. Live in the owners suite & rent out the other 2. 4 car parking & all units city approved. Enjoy the highest level of quality workmanship. Remarkable blend of modern design & luxurious features. High-end faux wood tile ceramic extremely durable flooring throughout all 3 units. Owners suite has vaulted ceilings, open concept kitchen w/ sleek white lacquer cabinets, undermounted lighting & beautiful backsplash, oversized island w/ b/i micro & ample storage. Custom single stringer staircase leads to gorgeous terrace w/ b/i hot tub, gas line for BBQ & gas line for firepit, large storage cabinets & irrigated turf area for pets. 4 piece ensuite w/ double sinks & 2 person glass shower enclosure. LED lighting system throughout & b/i HEOS wired sound system. The oversized garage is a dream space w/ heated floors. This space can be enjoyed year-round. 3pc bath & wet bar w/ potential for a 4th unit or a luxurious man-cave/workshop. The 276 King Edward units offer a separate entrance with two fantastic 2 bdrm suites w/ beautifully updated interiors. High vaulted ceilings on upper unit. Upper unit has 4 pc bath, lower unit has 3pc bath. Both kitchens come equipped w/ stainless steel appliances. Previously rented for a combined income of $5,000 per month (plus hydro), both suites are currently vacant, offering endless possibilities for new owners. Each suite has its own washer & dryer. These suites are ideal for rental income or multi generational accommodations. This home offers the best of both worlds: luxurious living & excellent rental income potential. Whether you're looking for a spacious home w/ modern amenities or an investment property w/ income-generating opportunities, this property has it all!

40 days

On Market

Multiplex

Property Type

$6,287 / Year

Est. Taxes

$0 / Month

Maint. Fees

-

Locker

-

Year Built