52 Heydon Park Road, Toronto (Little Portugal), M6J2C8

Home Overview

Description

Welcome to 52 Heydon Park Road, a beautifully maintained investment property gutted and rebuilt in the mid 90's features 5 self-contained apartments with 4 separate hydro meters on a 400amp service, basement underpinned with over 7 foot ceilings . Nestled in one of Toronto's most vibrant and desirable neighborhood, located on a quite street yet steps to College St restaurants, cafes, Dovercourt YMCA, parks, Little Italy, Little Portugal, transit and schools. This exceptional multi-unit property is perfect for investors looking to generate solid income or perfect for a family looking to occupy the second floor unit featuring approximately 1200 sq ft with 3 Bedrooms, 2 baths, en-suite laundry, independent HVAC system, fireplace, and a deck, while keeping the 4 lower rental units to off set mortgage payments. The property brings in over $8,800/month in current rental income, with the potential to exceed $10,500/month. It's fully tenanted with reliable professional occupants and includes shared coin operated laundry room for main floor and basement units. A private driveway and detached garage provide extra value, with parking income potential of $500/month boosting your cash flow even further. Each unit is unique, self-contained, with separate heating/AC systems. Situated on a slightly elevated south facing landscaped corner lot providing natural light throughout the day with great curb appeal, the newly installed side yard interlocking leads to a rear double private driveway facing a detached double garage. This is truly a turn key investment with very low interior and exterior maintenance, in a fantastic location. (id:39198)

19 days

On Market

Single Family

Property Type

$9,562 / Year

Est. Taxes

House

Style

-

Garage

Apartment in basement, N/A

Basement