435 Mortimer Avenue, Toronto, ON M4J 2G1

$1,395,000
3
BD
3
BA
1,100
SqFt

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List Price
$1,395,000
MLS#
E13824052
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
2-Storey
Bedrooms
3
Bathrooms
3
Living Area
1100-1500
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Danforth Village-East York
Subdivision
Greenwood / Mortimer

Property Description

Not your standard income property! We are talking high end finishes no details or space has been overlooked. Welcome to 435 Mortimer Avenue, an income property in Toronto's Danforth Village-East York neighbourhood. Registered as a duplex with a basement apartment, the home currently offers three self-contained living spaces, each with its own kitchen, four-piece bathroom, and laundry. Every level has been thoughtfully laid out to make the most of its space, creating comfortable, independent homes well suited to city living.The main-floor one-bedroom suite features hardwood floors, a separate living room, and an updated eat-in kitchen. Upstairs, the bachelor-style suite offers hardwood floors and access to a beautiful private large patio/balcony, along with a new washer and dryer. The lower-level one-bedroom apartment has an open kitchen and living area, a separate bedroom, and its own laundry.Fully tenanted with an established rent roll, this is a compelling opportunity for an investor. The existing tenants willing to stay, offering continuity for a buyer looking to maintain the property's current rental use. The flexible layout may also appeal to multigenerational families or first-time buyers interested in exploring the possibility of living in one space while rental income from the others helps with ownership costs. Its East York location offers a residential setting with convenient access to downtown Toronto. Included in the sale are three fridges, three stoves, three washers and dryers, existing light fixtures, window coverings, and an owned on demand hot water heater. With independent entries and amenities on every level and income already in place, 435 Mortimer offers both immediate appeal and options for the future uses. Don't miss the exceptional opportunity that doesnt come along often.

Additional Information

Taxes
$5,869
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Wall Unit(s)
Rooms
9
Kitchens
3
Exterior
Brick, Board & Batten
Garage Type
None
Pool
None
Parking Type
Mutual

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX ALL-STARS REALTY INC..