454 Donlands AVE new

Toronto E03,ON M4J 3S5

$ 1499000

3 Beds

8 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision East York

MLS Listing ID E12145455

Style 2-Storey

Bedrooms 3

Annual Tax Amount $6,966

Tax Year 2024

Property Sub-Type Fourplex

Property Description

Exceptional Legal Four plex with 7 Total Units / 5 Vacant on Possession! Meticulously well maintained, this rare multi-use property presents a unique opportunity for investors or end-users. With five units vacant upon possession, you have the flexibility to set your own rents and maximize returns. The property offers a projected gross income of over $125,000 annually, with low operating expenses. Ideal for a variety of buyers: use the spacious top-floor as an generous sized owners suite while generating strong rental income, or purchase as a long-term investment. Its also a smart option for families looking to secure a first home for their children, with rental income to offset costs. Ideal intergenerational living and still have units to rent out. Multiple Options! Large 1.5 car garage for additional rental or potential future laneway suite access for extra income. A few short bus stops to Donlands Subway, nearby upcoming Ontario Line. Walk to quaint shops nearby. Easy access to DVP and a few short minutes to Yonge & Bloor by subway or car. Available For Financing, Please Speak To Listing Agent. Rare offering!

Location

Province ON

County Toronto

Community East York

Area Toronto

Rooms

Family Room No

Basement Separate Entrance

Kitchen 6

Interior

Interior Features Other,Water Heater Owned

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Available

Garage Spaces 1.5

Pool None

Roof Type Asphalt Shingle

Lot Frontage 39.5

Lot Depth 106.5

Total Parking Spaces 1

Building

Foundation Concrete Block

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