Toronto C01, ON M6J 3B6,50 Grove AVE
Toronto C01, ON M6J 3B6,50 Grove AVE
Toronto C01, ON M6J 3B6,50 Grove AVE
Toronto C01, ON M6J 3B6,50 Grove AVE
Toronto C01, ON M6J 3B6,50 Grove AVE
Toronto C01, ON M6J 3B6,50 Grove AVE
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Kseniya Pichardo Martinez

Kseniya Pichardo Martinez

Real Broker Ontario LTD., Brokerage

+1(226) 336-3810
$ 1,400,000
Est. payment | /mo

6 Beds

4 Baths


Save
$ 1,400,000
Est. payment | /mo
Save

6 Beds

4 Baths

Key Details

Property Type Condo, Townhouse

Sub Type Att/Row/Townhouse

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Trinity-Bellwoods

MLS Listing ID C12152177

Style 3-Storey

Bedrooms 6

Building Age 100+

Annual Tax Amount $8,182

Tax Year 2024

Property Sub-Type Att/Row/Townhouse

Property Description

Talk about pride of ownership, this one scores high across all categories. First, you'll fall in love with the gorgeous victorian townhouse curb appeal. Next, it makes great money sense, as you're pulling in approximately $90,000 in NET income. Tenant quality is also fantastic as it's a true downtown 4plex with all units above ground attracting professional applicants. Detached garage parking off the laneway clears the path for your potential 1250 square foot LANEWAY HOUSE that you could rent out for well over $3,000. Finally, Trinity Bellwoods is arguably Toronto's most vibrant neighbourhood, so you've definitely taken care of location, location, location. I would say overall, the property scores 7 out of 10 in terms of condition. Lots of renovations too, like brand new porch, full reno of third floor unit and front unit on the second floor, kitchens, bathroom, some updates on the second floor rear unit, and the main floor tenant has been there a while, so not much there. The basement could use finishing to maximize rental potential. The electrical is copper, but updating to a 200 amp system is worth it, furnace, roof and A/C are mid life and the garage is original construction. So, it wouldn't take you much to make this into a 9 out of 10, as nothing is perfect:) I'll be hosting many mini open houses during the week, but not your typical weekend open house. Please reach out to make an appointment for one of the available time slots that's convenient for you.

Location

Province ON

County Toronto

Community Trinity-Bellwoods

Area Toronto

Rooms

Family Room No

Basement Unfinished

Kitchen 4

Interior

Interior Features Auto Garage Door Remote

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle,Flat

Lot Frontage 19.0

Lot Depth 144.75

Total Parking Spaces 2

Building

Unit Features Park,Place Of Worship,Public Transit,School,Rec./Commun.Centre,Hospital

Foundation Brick

Listed by ROYAL LEPAGE ESTATE REALTY
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50 Grove AVE