10 Ivy Ave
South Riverdale, Toronto, M4L 2H7
FOR SALE
$2,949,000
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
9 + 5
BEDROOMS7
BATHROOMS7
KITCHENS7
ROOMSE11917213
MLSIDContact Us
Property Description
Large 7-unit apartment Building in trendy South Riverdale/Leslieville area. 1 x 1-Bed Unit with kitchen, BathTub/Shower, 5 x 2-bed Units with Kitchen, Bath Tub/Shower, 1 x 3-Bed (full top floor) with Bath, DoubleSink Vanity, Shower, Large Tub, Kitchen, Washer and Dryer, its own Water Heater, and Electric Heating/Cooling System. The rest of the Units share 2 additional Hot Water Tanks, and a shared coin laundry facility. There are also two small storage rooms. A must-see building to appreciate the size and finishes of the apartments. 8 Parking spots. Windows 2017. New Roof 2020. Tenants pay Hydro. Close to restaurants, breweries, Chinatown East, Leslieville, Indian Bazaar and the Beaches. The New Ontario Line Subway will also increase transportation and value. Each Unit has its own electricity meter. Ideal for any investor looking for a cash flow positive asset with still significant upside on rents.
Call
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-09-13 | 2021-10-04 | 21 | $980 | - | Terminated |
| 2021-07-22 | 2021-07-29 | 7 | $980 | - | Terminated |
| 2021-07-22 | 2021-07-27 | 6 | $980 | - | Suspended |
Property Features
Hospital, Park, Place Of Worship, Public Transit, School
Call
Property Details
Street
Community
City
Property Type
Detached, Other
Lot Size
50' x 125'
Lot Irregularities
50.07 ft x 125.47 ft x 50.07 ft x 125 ft
Fronting
North
Taxes
$14,101 (2024)
Basement
None
Exterior
Stucco/Plaster
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Other
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
None
Call
Listing contracted with Keller Williams Realty Centres
Similar Listings
Great opportunity to live and rent or just as a total investment property. Top floor is a 3-bedroom unit. Second floor is a 3-bedroom unit with possible alterations. Main floor is a 2-bedroom unit. And the lower unit is a 1-bedroom unit with possibilities to change to a 2-bedroom unit. Total renovation completed in 2023. Close to 4,500 sq ft of living space. Modern decor and clean lines. 9-foot ceilings in basement, main, second, and 8-foot ceilings on the third floor. Lots of storage space. Good Cap rates for a Toronto investment property and the possibility to increase with minimal alterations to close to 5.0%. Current gross rents are $132K (including utilities) with the possibility of increasing to $150K plus utilities. See floor plans for configuration and measurements. 4 car lane parking. Shed for storage in the back. Qualified to add a laneway suite in the back to live/rent/sell. Great neighbourhood with a very good Walk Score. **EXTRAS** 2 Apartment sized laundry sets, Washer/Dryer. White fridge. Electric Stove, Fridge, Microwave, Dishwasher. Apartment sized fridge, 2-burner induction cooktop. Stainless Steel fridge, 2-burner induction cooktop. All electric light fixtures.
Call
Call