331-339 High Park Ave

FOR SALE
$2,000,000
Sold
$1,900,000
331-339 High Park Ave, Toronto
331-339 High Park Ave
331-339 High Park Ave
8
BEDROOMS
8
BATHROOMS
8
KITCHENS
24
ROOMS
W7052134
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-10-03 2023-10-26 23 $2,000,000 $1,900,000 Sold
Property Description
8 Unit Property Composed of 8 x 1 Bedroom Units. May Be Able To Add 4 More Units In Bsmt. Originally 4 Townhouse Duplexes Merged Together. Potential for Severance, Each Property Has Separate PIN. Income $101,647 Water $4,366 Gas $7,790 Hydro $4,454. Huge Upside On Rents. Solid Brick Building With Separate Hydro/Gas Metres. Spacious Layouts With High Ceilings & Lots of Light. Property Has A Few Legacy Tenants And Is Being Sold As An Opportunity To Reposition The Asset Into Your Dream Multi-Family Property. Located In The Vibrant Junction Neighbourhood With Access To Transit, Shops, Restaurants And Parks.
Extras
One Vacant Unit Easy To Show Anytime. Financials Attached To Listing. Seller Willing To Offer A 20% VTB In 2nd Position To Qualified Buyers At Market Rates For 1-2 Years Max.
Nearby Intersections
Property Details
Property Type
Multiplex, 2-Storey
Lot Size
60' x 56'
Fronting
East
Taxes
$11,873 (2023)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
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