1393 Avenue Rd, Toronto, Ontario, M5N 2H3

Description

Situated in prime Lytton Park, this lovely Tudor style triplex presents an excellent income generating investment opportunity in one of Toronto's most sought after neighbourhoods. Fully tenanted & well cared for, this property is steps from John Ross Robertson & Havergal College. Two spacious above grade units feature hardwood flooring, lead glass windows & gas fireplaces. The lower unit has pot lights and a combined kitchen and living room. Surrounded by mature trees & multi million dollar homes, the property is conveniently located near the amenities of Avenue Road and Yonge Street and steps to the Avenue Road express bus for an easy commute downtown. All tenants are on month to month leases & would love to stay, offering immediate rental income & strong long term value. Parking is exceptional, with a deeded double car garage & private drive off Glenview Avenue accommodating up to 6 cars. Tenants enjoy the proximity to the beautiful walking trails through the Chatsworth ravine. See Income and Expenses in the attachment on line. The attached semi, is currently single family home, but is zoned duplex and was a triplex in the past. It can be purchased together with the adjacent property (MLS #C14031616). Photos of the main and second level are virtually staged.