187 High Park Ave
High Park North, Toronto, M6P 2S3
FOR SALE
$3,899,900
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8 + 3
BEDROOMS11
BATHROOMS8 + 3
KITCHENS20 + 7
ROOMSW8390510
MLSIDContact Us
Property Description
Iconic High Park Ave. - previously a Jesuit College, revived into 11 legal suites, each with separate hydro. Expansive lot & exceptional location - walk, bike ride - everything at the door. Steps to High Park, TTC, bespoke cafes & boutiques on Bloor. Fully tenanted, grossing over $200K per annum. Crown jewel to any investment portfolio.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-01-08 | 2021-02-10 | 33 | $1,920 | $1,800 | Leased |
Extras
Detached double garage. Exceptional lot size: 40 X 165.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Lot Size
40' x 165'
Fronting
East
Taxes
$23,052 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
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Listing contracted with Re/Max West Realty Inc.
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Discover this incredible investment opportunity: a stunning 10-plex with 80% of the units fully professionally renovated. Located within walking distance to Humber College, this property is situated in a highly desirable area with a strong demand for rental apartments.The 10-plex is ideally positioned in a quiet neighbourhood, offering tenants a peaceful living environment while still being close to the vibrant life of the college campus. The proximity to Lake Ontario provides easy access to scenic views and outdoor activities, enhancing the appeal for prospective tenants.Each renovated unit boasts modern finishes, ensuring a comfortable and stylish living space. With high-quality materials and craftsmanship, the renovations have significantly increased the property's value and attractiveness. The remaining units offer potential for future upgrades, allowing for further value addition.Adding to the investment's appeal is the on-site coin laundry facility, providing extra income for the landlord. This convenient amenity is highly appreciated by tenants, further boosting the property's rental potential.Investors will appreciate the steady rental income potential, driven by the constant demand from students and professionals seeking convenient housing near the college. The property's location in a quiet neighbourhood with easy access to public transportation, shopping centres, and recreational facilities makes it an even more attractive option for renters.Don't miss out on this exceptional investment opportunity. Secure your future with this prime 10-plex near Humber College, where high demand and quality renovations promise a profitable venture.
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