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122 Parkmount Road Toronto, Ontario M4J 4V4

5 Bedroom 3 Bathroom
Wall Unit Heat Pump

$1,390,000

Live in one unit and rent the other two! Welcome to this stunning property nestled on a tranquil, tree-lined residential street, perfectly positioned between Danforth and Monarch Park. This impeccably crafted 3-unit home offers a gross rent of $7450/month, presenting a lucrative income stream for savvy investors or end-users who wish to live in one of the units and rent out the others. Fully renovated in 2017 with over $400K in renovations, each unit features separate entrances, ensuite laundry, and their own heating and cooling systems. With a projected CAP rate of 5.87% and positive cash flow, this property represents a rare find in Toronto's competitive real estate market. The main floor unit and basement unit are currently vacant, offering flexibility for new owners to either move in or rent out at market rates. The second-floor unit boasts vaulted ceilings in the bedroom and bathroom, adding a touch of grandeur, while both the second-floor and main floor units feature inviting decks, perfect for relaxing or entertaining. Whether you're seeking a turnkey investment property or a stunning residence with income potential, this opportunity offers the best of both worlds. **** EXTRAS **** Enjoy easy access to amenities & transportation options. The proximity to Coxwell Station makes commuting a breeze, with a mere 9-min walk. 1 designated parking spot at the rear of the property. Open House this Sat/Sun May 25th-26th 2-4pm (id:56889)

Property Details

MLS® Number E8300978
Property Type Single Family
Community Name Greenwood-Coxwell
Amenities Near By Public Transit, Schools, Hospital
Community Features Community Centre
Parking Space Total 1

Building

Bathroom Total 3
Bedrooms Above Ground 4
Bedrooms Below Ground 1
Bedrooms Total 5
Amenities Separate Electricity Meters, Separate Heating Controls
Appliances Water Heater, Dishwasher, Dryer, Microwave, Refrigerator, Storage Shed, Stove, Two Washers, Two Stoves, Washer, Window Coverings
Basement Features Apartment In Basement, Separate Entrance
Basement Type N/a
Construction Style Attachment Semi-detached
Cooling Type Wall Unit
Exterior Finish Brick
Foundation Type Unknown
Heating Fuel Electric
Heating Type Heat Pump
Stories Total 2
Type House
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Schools, Hospital
Sewer Sanitary Sewer
Size Irregular 18.33 X 100 Ft
Size Total Text 18.33 X 100 Ft|under 1/2 Acre

Rooms

Level Type Dimensions
Second Level Kitchen 1.91 m x 3.91 m
Second Level Living Room 3.91 m x 3.53 m
Second Level Bedroom 3.15 m x 2.26 m
Second Level Bedroom 2 2.36 m x 2.24 m
Basement Bedroom 5 3.07 m x 2.31 m
Basement Kitchen 3.63 m x 3.63 m
Basement Living Room 3.53 m x 2.64 m
Main Level Kitchen 1.83 m x 4.67 m
Main Level Living Room 3.71 m x 3.76 m
Main Level Bedroom 3 2.59 m x 3.2 m
Main Level Bedroom 4 1.96 m x 2.64 m

Utilities

Sewer Installed
Cable Available

https://www.realtor.ca/real-estate/26840257/122-parkmount-road-toronto-greenwood-coxwell


RE/MAX ULTIMATE REALTY INC.
1739 Bayview Ave.
Toronto, Ontario M4G 3C1

(416) 487-5131
(416) 487-1750
www.remaxultimate.com

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