6 Monaco Court, Toronto (Black Creek), M3N1R8

Home Overview

Description

A Rare Offering in Prime North York. Discover an exceptional opportunity to own one of the largest parcels in the neighbourhood, set on an expansive 39 x 160 ft lot (nearly 1/4 acre) on a pie shaped lot. This remarkable property combines immediate income potential with outstanding future redevelopment possibilities. Offering over 2,100 sq ft of living space, this spacious residence features 4 bedrooms plus a finished 3-bedroom bsmt with separate entrance. Most rooms on the upper level and in the bsmt are currently rented to individual tenants, generating approximately $5,000 per month in rental income. New buyer has the option to either assume the existing tenants or obtain vacant possession. The home showcases a bright open-concept layout, hardwood flooring, and a sunroom extension that enhances everyday living. A kitchen extension adds further functionality with potential for additional amenities. Outdoors, enjoy a private oversized backyard and extensive parking, including 8-cardriveway capacity and an oversized garage. The garage also offers future conversion potential into additional living space (subject to approvals).Perfectly positioned near the newly inaugurated LRT and just minutes from Vaughan downtown, three nearby subway stations, this home provides seamless access to transit, York University, major highways, shopping, and top amenities-all while being tucked away on a quiet, desirable court. With its rare lot size, prime location, and versatile layout, this is a standout opportunity for investors, builders, and end users alike. Seller will freshly paint the entire house prior to or upon closing. Please note that the photos used in this listing are not original. All photos, any furniture, and appliances shown were taken from a previous listing and may not reflect the property's current condition or contents."Home needs TLC." (id:39198)

10 days

On Market

Single Family

Property Type

$3,928 / Year

Est. Taxes

House

Style

-

Garage

Finished, Separate entrance, N/A, N/A

Basement