141 GRACEFIELD AVENUE
Toronto, Ontario, Ontario, M6L1L4

Property description

Must see, custom renovated income producing property! 4 completely independent apartments (three 2 bed, 2 bath apartments + one 1 bed, 1 bath apartment), all with separate entrances, en-suite laundry, full kitchen, and luxurious finishes. Quartz countertops in all kitchens. 51 x 129 ft lot in the sought after Maple Leaf neighbourhood! Premium porcelain tiles & engineered hardwood flooring through the main apartments. Porcelain tile & luxury vinyl flooring in basement apartments. 9 foot ceilings on main level, 8 ft ceilings in basement. Fully renovated in 2019. Single attached garage with enclosed access to backyard. Two furnaces, 2 A/C units. ** CAN BE PURCHASED AS AN OWNER OCCUPIED INVESTMENT PROPERTY! ** MAIN FRONT 2 br, 2 bath: $2600/month. MAIN REAR 2 bed, 2 bath: $2400/month. LOWER FRONT 2 bed, 2 bath: $2000/month. LOWER REAR 1 bed, 1 bath: $1500/month. $102,000 gross annual rental income! All Inclusive rents, all tenants on month to month. Annual expenses approx $16,500. Vacant possession of one or more units is an option if owner occupancy is needed (all tenants on month to month leases).

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