Address
16 Fennings Street, Toronto (Trinity-Bellwoods), ON
Price
$ 1,599,000
Property Attributes
  • ID#C13795598
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityToronto (Trinity-Bellwoods)
  • CityToronto (Trinity-Bellwoods)
  • AreaTrinity-Bellwoods
  • NeighbourhoodTrinity-Bellwoods
  • Postal CodeM6J 3B8
  • Style
  • Price$ 1,599,000
  • Bedrooms6
  • Bathrooms4
  • Half Bathrooms1
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Power of Sale Opportunity! Renovated semi detached property featuring 3 separate units with the potential to generate approximately $10,000/month in gross rental income when fully leased. The front unit is currently rented at $4,200/mo while the two additional units are vacant and recently renovated. Perfect for investors seeking strong rental income or end users looking to live in one unit while collecting rental income from the other two, helping significantly offset mortgage and carrying costs. Further upside with the potential to build a laneway home with 2 additional units subject to approvals and due diligence. Located in an excellent, highly desirable area within walking distance to vibrant neighbourhood amenities, restaurants, cafes, shopping, transit and more. A rare opportunity combining strong income potential, flexible living options and addition of potential laneway units increasing future value and upside! (id:7434)

General Features

Features Sump Pump
Property Type Single Family
CommunityName Trinity-Bellwoods
Building Appliances Dishwasher, Dryer, Microwave, Range, Stove, Washer, Window Coverings, Refrigerator
Building Basement Features Separate entrance, Walk-up
Building Cooling Type Central air conditioning
Location Description Queen St & Ossington Ave
Parking Space Total 4
Foundation Type Concrete
Building Type House
Ownership Type Freehold
Building.StoriesTotal 2.5

Interior Features

Building Fireplace Present True
Building Heating Type Forced air
Building Heating Fuel Natural gas
Basement Development Finished
Basement Type N/A, N/A (Finished), N/A
Construction Style Attachment Semi-detached
Living Area Range 3500
Bedrooms 6

Exterior Features

Sewer Sanitary sewer
Exterior Finish Brick

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in M6J 3B8

Price
AVG $1.6M
$1.6M