Semi-Detached 2-Storey Flip or Rental Opportunity in the Heart of the Danforth!! Assigned

  • $925,000
  • 5 beds
  • 2 baths
  • 1100-1499 sqft

A charming property full of character and potential! This 4+1 bed, 2 bath, semi-detached 2-storey in the heart of the Danforth (with a detached garage!) is not to be missed! Directly across the street from schools, churches, rec centers, and under a 5 minute walk from TTC subway stations and all that the vibrant and highly sought after Danforth has to offer, this property is a no-brainer. With a separate back entrance, demo already completed on the old bathroom and renovations started in one bedroom, the basement could easily be converted into a secondary suite. Minutes from anything you could possibly need while maintaining the privacy, space, and quiet of a residential area, this is an incredible opportunity to take advantage of the best Toronto has to offer. With 4 above grade bedrooms (a true gem!), a backyard, gazebo, detached garage, below grade bedroom and bathroom, and hardwood flooring throughout, our property is not only a steal at $925,000 but the perfect flip opportunity with updated properties selling for up to $1.4M!! Don’t miss out on this amazing flip or rental opportunity!!

We are selling our assignable purchase contract.

Closing is April 30th, 2021

 

Please click HERE for more information and pictures.

Price:
$925,000
Address:
Danforth & Woodbine
Toronto, ON
Square Feet:
1100-1499
Lot Size:
20.08 ft x 122 ft
Bedrooms:
5
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Home
Year Built:
1920

Additional Features

PROPERTY FEATURES 4+1 bedrooms 2 full bathrooms (one bathroom is recently demo’d/ripped to the studs and ground to start renovations) Built in 1920 Above grade: 1100-1499 sq ft (as per MPAC) Basement: 400-699 sq ft (as per MPAC) Ceiling height of approximately 6’5”- 7’ Separate entrance leads to split staircase (up to kitchen and down to basement) Original hardwood flooring above grade (tile in second floor bathroom) Tile and laminate flooring in basement (laminate in bedroom area only) 200 AMP breaker panel HE gas furnace installed 2015/2016 (as per Seller) HWT is owned and installed 2018 (as per Seller) Central AC installed 2015/2016 (as per Seller) Roof partially updated in 2016 and finished in 2018 (as per Seller) Windows haven’t been updated by the Seller who has been here since 2003 Gazebo behind garage 1-car, detached garage (entrance from shared driveway) Option for electricity as electric runs through the garage to the gazebo (where the hot tub used to be) Lot size: 20.08 ft x 122 ft Zoning: R(d0.6*322) Due to Bill 108, Toronto has begun simplifying the process to create secondary suites. Please see HERE. With the bathroom already demo'd and the high ceilings, this basement would be a perfect opportunity for an interior secondary unit or a detached coachhouse down the road. PROPERTY NEEDS Full cosmetic update Complete bathroom in basement New windows Update garage

Call (647) 400-2093 for more details

Property Location