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204 OAKCREST AVE
Toronto Ontario M4C1C2 Canada

$1,499,900

Active Listing ID E8223116
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4 bed
bath icon
3.00 Bath
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Single Family

$1,499,900

Active Listing ID E8223116
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204 OAKCREST AVE Attention!! Attention!! INVESTORS & END USERS! Detached Rental Property With Future Laneway Potential & Located In The Woodbine MTSA For Future Add-Value Potential!Potential to earn a 6% CAP Rate. $$ ($50K+) spent on Renovations, Furnishings & Furniture. Brand new appliances in Upper & Lower levels. New flooring, new painting, pot lights, new appliances. See it to believe it!Earn Income With 3-Units At Recent Rents With Excellent Tenants, Producing An Attractive Yield On The Property (NOI & Rent Rolls Available On Request) Easily convertible back to single family. Live in the Main floor with a private garden & generate significant Airbnb Income from the Lower & upper level units to Offset your entire mortgage. Bright 2 BR suite on the main level, Newly renovated & Upgraded Separate Upper Studio unit with Private kitchen, Full bathroom & Laundry.1br fully renovated and updated walk-up basement w/full bath & shared laundry.Well Maintained, With Timeless And High-Quality Material Selection Throughout The Home.For An Asset That Will Stand The Test Of Time! Situated On A Quiet street and A Stone's Throw From Stephenson Park. Easy Access To Go Train/Subway/Hwy, Schools, Grocery Stores & Restaurants & Cafe's & Beaches. Don't Let This Gem Of A Cash Cow Slip Away! **** EXTRAS **** Legal Description: PT LT 19-20 PL 499E TORONTO AS IN CA681482; S/T & T/W CA681482; CITY OF TORONTO (id:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Wall unit
  • Exterior Finish: Vinyl siding
  • Heating Systems: Baseboard heaters, Electric
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 4/21/2024 12:00:49 PM GMT
Source Updated Date: 4/24/2024 5:30:12 AM GMT

Courtesy of: CECILIA SAILINWANG, Salesperson, HOMELIFE LANDMARK REALTY INC.

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