182 Coleman Avenue
East End-Danforth, Toronto, M4C 1R4
FOR SALE
$1,499,000
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7
BEDROOMS 3
BATHROOMS 3
KITCHENS 12
ROOMS E13658668
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Property Description
Exceptional opportunity to own a versatile duplex in the heart of Crescent Town, just steps from the vibrant Danforth! Whether you're an investor looking for strong income potential or a buyer seeking a multi-generational living opportunity, this property offers incredible flexibility.This solid, meticulously maintained brick home features two self-contained 2-bedroom, 1-bathroom suites on the main and upper levels, while the finished basement includes 3 bedrooms, a full bathroom, and a kitchen, providing even more living possibilities. Each unit feels bright and open, with large windows throughout. An added bonus, a private drive featuring a double-car block garage. Lovingly updated since 2020, this property showcases numerous cosmetic improvements, including new flooring and baseboards throughout, fresh paint, a beautifully renovated upper-level kitchen, updated appliances, modern light fixtures, stylish barn doors, custom closet organizers, and much more (see attached improvement list). As an added bonus, the home is being offered fully furnished, making it an exceptional turnkey opportunity.Located in one of Toronto's most connected east-end neighbourhoods, you'll enjoy being just a short walk to Victoria Park Subway Station, Danforth GO Station, parks, schools, grocery stores, cafés, restaurants, and all the everyday amenities that make the Danforth such a sought-after place to live. With convenient transit access, a vibrant community, and outstanding income potential, this is a rare opportunity not to be missed.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2020-06-01 | 2020-06-08 | 7 | $1,150,000 | $1,200,000 |
| 2015-08-10 | 2015-08-18 | 8 | $549,900 | $710,800 |
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Property Features
Air Exchanger, Auto Garage Door Remote, In-Law Capability
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Property Details
Address
182 Coleman Avenue
Community
City
Postal Code
M4C 1R4
Property Type
Duplex, Duplex
Lot Size
26' x 90'
Taxes
$5,041 (2026
Basement
Apartment
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
Detached
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Listing contracted with Royal Lepage Estate Realty
Well maintained Legal Duplex located in a quiet neighbourhood. Steps to Transportation. Spacious 2 - 3 Bedroom Apartments and a 2 Bedroom Basement Apartment. The Main Floor apartment has a walk-out from the Dining Room to a private Deck and Garden. The Second Floor Apartment has been freshly painted, new Laminate Floors and Cathedral Ceilings for a truly spacious feeling. and a walk-out to a private balcony. It is currently vacant and could be easily rented out for $2500 - $2800 per month. The Basement Apartment is nice and spacious with Laminate Floors. There is a Double Car Garage and still ample parking for all tenants. **Note Buyers must assume the Tenants, who are on Month to Month****
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An excellent opportunity to acquire a well-performing multi-residential property in Toronto's evolving and highly desirable Oakwood Village neighbourhood. 279 Lauder Ave offers investors a stable, income-generating asset in a community experiencing strong rental demand and ongoing revitalization. This very well-managed property has been meticulously maintained by an experienced owner, reflecting pride of ownership and operational efficiency. Recent upgrades include all windows and blinds, exterior doors, driveway and parking areas, composite back deck, refreshed front deck, front stairs and railings, bathrooms, electrical panels, tankless water heater, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.65%**, with minimal need for repositioning.Tenants benefit from efficient floorplans and excellent transit access, with the St. Clair streetcar just an 8-minute walk away, connecting seamlessly across the city. The property is also steps from the lively St. Clair West corridor, known for its diverse mix of cafés, restaurants, and local shops, enhancing everyday convenience and lifestyle appeal.This well-managed asset reflects pride of ownership and long-term care, making it an ideal turnkey addition to any investment portfolio. With strong fundamentals, desirable location, and steady income, 279 Lauder Ave is positioned for continued tenant demand and future growth.
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