122 Parkmount Road

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122 Parkmount Road

$1,390,000 share

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. (id:55215)

House 5 3
122 Parkmount RoadX

$1,390,000 share

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. (id:55215)

House 5 3
122 Parkmount RoadX

$1,390,000 share

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. (id:55215)

House 5 3
122 Parkmount RoadX

$1,390,000 share

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. (id:55215)

House 5 3
122 Parkmount RoadX

Description Property Details

Listing ID: E8300978

Property Type: Single Family

Amenities Near By: Public Transit, Schools, Hospital

Community Features: Community Centre

Parking Space Total: 1

Description 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

Fireplace Present: No

Foundation Type: Unknown

Heating Fuel: Electric

Heating Type: Heat Pump

Stories Total: 2

Type: House

Utility Water: Municipal Water

Description Land

Size Total Text: 18.33 X 100 Ft|under 1/2 Acre

Acreage: No

Land Amenities: Public Transit, Schools, Hospital

Sewer: Sanitary Sewer

Size Irregular: 18.33 X 100 Ft

Description Room

Level: Second Level

Type: Kitchen

Length: 1.91 m

Width: 3.91 m

Dimensions: 1.91 m x 3.91 m

Level: Second Level

Type: Living Room

Length: 3.91 m

Width: 3.53 m

Dimensions: 3.91 m x 3.53 m

Level: Second Level

Type: Bedroom

Length: 3.15 m

Width: 2.26 m

Dimensions: 3.15 m x 2.26 m

Level: Second Level

Type: Bedroom 2

Length: 2.36 m

Width: 2.24 m

Dimensions: 2.36 m x 2.24 m

Level: Basement

Type: Bedroom 5

Length: 3.07 m

Width: 2.31 m

Dimensions: 3.07 m x 2.31 m

Level: Basement

Type: Kitchen

Length: 3.63 m

Width: 3.63 m

Dimensions: 3.63 m x 3.63 m

Level: Basement

Type: Living Room

Length: 3.53 m

Width: 2.64 m

Dimensions: 3.53 m x 2.64 m

Level: Main Level

Type: Kitchen

Length: 1.83 m

Width: 4.67 m

Dimensions: 1.83 m x 4.67 m

Level: Main Level

Type: Living Room

Length: 3.71 m

Width: 3.76 m

Dimensions: 3.71 m x 3.76 m

Level: Main Level

Type: Bedroom 3

Length: 2.59 m

Width: 3.2 m

Dimensions: 2.59 m x 3.2 m

Level: Main Level

Type: Bedroom 4

Length: 1.96 m

Width: 2.64 m

Dimensions: 1.96 m x 2.64 m

Property Details

Land

Utilities

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