1364 Wilson Avenue
Downsview-Roding-CFB, Toronto, M3M 1H8
FOR SALE
$1,495,000
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7 + 2
BEDROOMS 4
BATHROOMS 2 + 2
KITCHENS 11 + 6
ROOMS W13778798
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Property Description
Incredible turn key investment opportunity with strong CAP rate in convenient North York Downsview neighborhood, just a short distance from Humber River Hospital, public transit, 401access and Sheridan Mall. Legal 4 Plex with city approval. Top two apartments offer generous 3bedroom $1815+hydro and 3 bedroom + den $1825+hydro (both long term tenants under market rent)both with private 17.5 ft wide balconies. 2 - 1 bedroom units $1900+hydro and $1450 including hydro. 3 storage lockers and shared coin operated laundry in basement. Large backyard common area. 4 hydro meters, tankless owned water heater, 6 parking spots. Building has been updated throughout. Excellent, long term AAA Tenants. Don't miss out on this rarely offered investment.
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Nearby Intersections
Property Features
Arts Centre, Hospital, Library, Park, Public Transit, Rec./Commun.Centre, Carpet Free, On Demand Water Heater, Separate Hydro Meter, Storage Area Lockers, Water Heater Owned, Private Triple
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Property Details
Address
1364 Wilson Avenue
Community
City
Postal Code
M3M 1H8
Property Type
Fourplex, Fourplex
Zoning
RM (F21;A835;D1)
Lot Size
32' x 120'
Taxes
$5,384 (2025
Basement
Apartment, Full, Finished
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
None
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Listing contracted with Royal Lepage State Realty
Located on a quiet, tree-lined street in Toronto's highly desirable west end Junction, this well-maintained, 2.5 storey semi-detached home, features four self contained apartments. The spacious main floor apartment, over 900 sq ft, boasts high ceilings, ensuite laundry and a walkout to a back deck and garden. The second floor apartment, equally spacious, offers a cozy gas fireplace, ensuite laundry and a western facing walk-out deck. The third floor apartment looks out onto it's own deck overlooking the tranquil backyard. The basement apartment with ceiling height of over 6'10", has it's own private entrance. The property has laneway access to a large, detached, 2 car concrete block garage. There is exciting potential to build a laneway home in accordance with Toronto city by-laws for additional income. Lanescape Property Report is attached. The property is conveniently located to public transit, desirable schools and trendy Junction shops and restaurants. For avid walkers, cyclists and nature lovers, High Park is a short walk away. With exceptional tenants and immediate cash flow, this property is a great opportunity for investors or an Owner-Operator Landlord. The third floor can be left empty upon closing for the new owner to reside. Financial information is attached. Tenants pay their own hydro. New roof 2014.
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