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The Beaches, Toronto
$1,725,000
RARE INVESTMENT OPPORTUNITY IN TORONTO'S HIGHLY DESIRABLE BEACHES COMMUNITY! MUST BE SEEN! An exceptional opportunity to purchase a meticulously maintained, solid-brick, semi-detached 4-unit multiplex, individually or together with the adjoining 3-unit property, offering a combined total of 7 residential units! Located just one block from Lake Ontario, this outstanding property offers an ideal combination of location, lifestyle, flexibility and rental income potential. Perfect for investors, owner-occupiers, extended families or multigenerational living! Live in one unit while generating rental income from the others, or enjoy the flexibility of accommodating family members with their own private living spaces.This charming property features a unique and versatile floor plan, including a spacious third-floor 2-bedroom unit with an open deck terrace, a middle-level 2-bedroom unit, and two lower-level units consisting of a 1-bedroom apartment and a bachelor apartment, both currently vacant! Additional highlights include a garage and rear parking for 2 vehicles with access via a shared laneway, beautifully landscaped low-maintenance grounds, and numerous thoughtful improvements and upgrades throughout. Lovingly maintained by longtime owners, the property retains much of its original character and charm, including beautiful oak hardwood floors, while offering the conveniences of modern updates. Enjoy the best of Beaches living, just steps from Lake Ontario and close to the Boardwalk, parks, shopping, restaurants, public transit and neighbourhood amenities. Whether you're seeking a long-term income-producing investment, a home with supplemental rental income, or a flexible property for present or future family use, this exceptional opportunity offers tremendous possibilities in one of Toronto's most sought-after neighbourhoods. DON'T MISS THIS RARE OPPORTUNITY! PLEASE REVIEW THE PROPERTY INFORMATION AND PHOTOGRAPHS. THANK YOU FOR SHOWING!
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| Type | Semi-Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,551 |
| Lot Size | 22.35 ft x 100 ft |
| mls© Number | E14135874 |
| Listed By | REMAX YOUR COMMUNITY REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,829
- Property tax
- $713
- Heat allowance
- $150
- Housing costs
- $9,692 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$298,000
gross annual household income
- Payment at 4%
- $7,259 / mo
- Cash down
- $345,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkValues and trends
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