2-Storey, Semi-Detached Property With Detached Garage Just South of Christie Pits in Toronto!! Assigned

  • $1,350,000
  • 4 beds
  • 2 baths
  • 1238 sqft
Assigned
Located on one of the MOST coveted and desirable streets in downtown Toronto, this semi-detached, brick, 2-storey with a detached, laneway access garage is a rare find — even on the MLS!! With Christie Pitts, Bickford Park, Little Italy, Bloor St, Koreatown and all amenities (schools, churches, restaurants, shopping, groceries, gyms, parks, bike lanes, transport, dog parks, UofT, etc.) within walking distance, everything you could ever need is right at your fingertips and makes this the PERFECT city investment property!! Featuring 3 beds, heated dining room flooring, a separate entrance to the basement, a functioning wood fireplace, updated kitchen and appliances, backyard space, and being a much newer build (1980s vs 1890s) than most other properties on the street, this brick beauty is a screaming-hot deal on one of the most sought after streets in Toronto. At only $1,350,000, with semi’s selling above $2,000,000 and low inventory on the market — the demand for this property truly couldn’t be higher. Act fast, as this is your chance to pick up a consistently profitable property well below market value!! You definitely won’t want to miss out on this one!!

We are selling our assignable purchase contract.

Closing is April 14th, 2022
*As per our APS, the Seller is permitted to shorten the closing 1 time by up to 30 calendar days. If the Seller is to shorten the closing date, they must provide written notice at least 30 calendar days before the new closing date.*

PROPERTY FEATURES
  • 3+1 bedrooms (3 bedrooms, as per MPAC)
    • Basement bedroom has an egress window, however the furnace fills up the closet space. Room is finished except for the floor, that is currently poured concrete 
  • 2 full bathrooms (both were updated in 2007, as per Seller)
    • 4-piece bathroom located on the second floor
      • Features a skylight 
    • 3-piece bathroom located in the basement
  • Built in 1986
  • Above grade: 1238 sq ft (as per MPAC)
    • First floor: 619 sq ft (as per MPAC)
    • Second floor: 619 sq ft (as per MPAC)
  • Finished basement: 548 sq ft (as per MPAC)
    • Basement is finished, save for the flooring in the bedroom
    • Functioning wood burning fireplace in basement (as per Seller)
    • Ceiling heights: (Buyer to verify all)
      • 5.610 ft to ducts
      • 6.0696 ft in laundry/bedroom area
      • 6.132 ft in the bathroom
      • 6.0696 ft with raised floor outside of laundry/bed/bath
      • 6.532 ft by fireplace
      • 6.463 ft in the living area
  • Separate entrances:
    • Front door opens to main hallway
    • Sliding doors in the eat-in kitchen lead out to the back patio
    • Side door opens to a landing, either leading up to the living area or down to the basement
  • Flooring: hardwood, laminate, tile, and poured concrete
    • Hardwood flooring on the second floor was installed in 2007, apart from the small bedroom currently used as office (as per Seller)
    • Heated flooring in dining area of kitchen added in 2007 (as per Seller)
  • All appliances will be included
    • All appliances were updated in 2007, including the gas stove, refrigerator, dishwasher, washer, dryer (as per Seller)
  • Full kitchen renovation was completed in 2007 (as per Seller)
  • 100 AMP breaker panel
  • HE gas furnace is owned, and was installed in 2017 (as per Seller)
  • HWT is owned, and was installed in 2012 (as per Seller)
  • AC is owned, and was installed in 2017 (as per Seller)
  • Windows have not been updated since the Seller took ownership in 2007 (as per Seller)
  • Roof was updated in 2009 (as per Seller)
    • Eaves were redone in 2013, and raccoon traps were added in November 2021 (as per Seller)
  • Backyard deck needs to be redone, due to aging/rotting wood (as per Seller)
  • On municipal services
  • 1-car, detached garage with laneway access at the back of the property (290 sq ft, as per MPAC)
    • Roof over the garage needs to be redone (as per Seller)
  • Street parking is also available on Montrose (Buyer to verify)
  • Property taxes: ~$5000/year (Buyer to verify)
  • Lot size: 14.58 ft x 119 ft (as per MPAC)
  • Zoning: R(d0.6*735) (as per MPAC)
    • The City of Toronto allows Secondary Suites and Duplexes within the R zone, so long as it complies with the specific conditions associated with the reference number(s). (see HERE – clause 10.10.20.20 & 10.10.20.40) — Buyer to verify

PROPERTY NEEDS

  • Cosmetic updates
  • Possibility to convert the basement into a legal secondary suite (Buyer to verify)

 

Please click HERE for more pictures and information.

Price:
$1,350,000
Address:
Montrose Ave & Bloor St W
Toronto, ON
Square Feet:
1238
Lot Size:
14.58 ft x 119 ft
Bedrooms:
4
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Other
Year Built:
1986
Basement:
Finished

Call 647-370-0820 for more details

Property Location