12 Snider Ave
Briar Hill-Belgravia, Toronto, M6E 4R9
FOR SALE
$2,300,000
Suspended
$0
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7 + 4
BEDROOMS6
BATHROOMS4
KITCHENS19
ROOMSW9354000
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-17 | 2025-01-13 | 118 | $2,300,000 | - | Suspended |
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Property Description
Currently Legal Fourplex Extremely Well Built By Italian Builder In 1992. Approximately 3906 Sq Ft Building On 2 Floors Above Grade Plus Another 1903 SqFt In Bsmt. This Building Is Split Down the Middle Between 10 and 12 Snider Currently Consisting Of 4 Residential Apt Units (2 Of Which Are Renovated). There Is Potential For 6 Residential Units Or Zoning Allows For Both Ground Floor Units At 10 and 12 Snider To Be Converted To Commercial Units If Desired. Currently 10 Snider Consists Of 2BR + Den, 1 Bathroom 2nd Floor Upper Unit And A 3BR, 2 Bath Unit On The Main/Bsmt Levels The Main/Bsmt Unit On 10 Is Renovated And 12 Snider Consists Of 2BR, 1 Bathroom 2nd Floor Unit (The 2nd Floor Unit On 12 Snider Is Renovated); And 3 BR 2 Bathroom Apartment On The Main/Bsmt Levels. Both Main Floor Units At 10 And 12 Are Combined With The Bsmt So Very Spacious At Almost 2000SF Each! The Main/Bsmt Level Units Also Have Separate Forced Air Gas Furnaces And Air Conditioning. Both Second Floor Units Are Heated By Hydro/Baseboard And Have Window AC Units. There Are 5 Separate Hydro Meters (Including 1 Common Area Meter) So Tenants Pay Their Own Hydro. Main/Bsmt Level Tenants Pay Their Own Gas And Are Separately Metered. Each Unit Contains Laundry Machines. Plus There Is 5 Car Parking Off Laneway. Flat Roof And Gutters Redone Approximately 8 Years Ago.
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Property Details
Street
Community
City
Property Type
Fourplex, 2-Storey
Lot Size
85' x 43'
Fronting
East
Taxes
$6,897 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
Lane
Garage Type
None
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Stunning Legal Fourplex with estimated gross rents of $117,273 and cashflow of approximately $814 per month. Four separately self-contained units with private entrances, separated utilities, onsite parking and in-unit laundry. Top floor units consists of 2 bedrooms plus den and 2 bathrooms (1 ensuite). Main floor unit offers 2 bedrooms and 2 bathrooms (1 ensuite) with large storage room. Lower floor offers two - 1 bedroom and 1 bathroom units. Situated a short distance from downtown Toronto, property offers quick access to 401, shopping, Costco, GO transit and North Etobicoke anchor development. Financials available upon request.
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