204 Oakcrest Ave, Toronto, M4C 1C2

Home Overview

Description

Attention!! Attention!! INVESTORS & END USERS! Detached Rental Property With Future Laneway Potential & Located In The Woodbine MTSA For Future Add-Value Potential!Potential to earn a 6% CAP Rate. $$ ($50K+) spent on Renovations, Furnishings & Furniture. Brand new appliances in Upper & Lower levels. New flooring, new painting, pot lights, new appliances. See it to believe it!Earn Income With 3-Units At Recent Rents With Excellent Tenants, Producing An Attractive Yield On The Property (NOI & Rent Rolls Available On Request) Easily convertible back to single family. Live in the Main floor with a private garden & generate significant Airbnb Income from the Lower & upper level units to Offset your entire mortgage. Bright 2 BR suite on the main level, Newly renovated & Upgraded Separate Upper Studio unit with Private kitchen,Full bathroom & Laundry.1br fully renovated and updated walk-up basement w/full bath & shared laundry.Well Maintained, With Timeless And High-Quality Material Selection Throughout The Home.For An Asset That Will Stand The Test Of Time! Situated On A Quiet street and A Stone's Throw From Stephenson Park. Easy Access To Go Train/Subway/Hwy, Schools, Grocery Stores & Restaurants & Cafe's & Beaches. Don't Let This Gem Of A Cash Cow Slip Away!

3 months

On Market

Detached

Property Type

$4,351 / Year

Est. Taxes

2-Storey

Style

None

Garage

Sep Entrance

Basement