585 Bathurst St

FOR SALE
$2,488,000
Expired
$0
585 Bathurst St, Downtown Toronto
585 Bathurst St
585 Bathurst St
585 Bathurst St
585 Bathurst St
585 Bathurst St
585 Bathurst St
585 Bathurst St
585 Bathurst St
585 Bathurst St
9 + 3
BEDROOMS
4
BATHROOMS
4
KITCHENS
17
ROOMS
C4354097
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-02-06 2019-06-04 118 $2,488,000 - Expired
2018-09-05 2019-02-04 152 $2,568,800 - Expired
Property Description
Rare Detached Bricked Full 3 Storey Property In The Heart Of University. 585 Bathurst Is Most Likely The Best Kept Secret & Extremely Well Maintained Investment Property In The Area. This Spectacular Investment Property Features A 27' Frontage, A 4 Year Old Roof, Newer Windows And A 2 Year Old Gas Boiler. Units Are All Currently Tenanted. A Incredible Gem That Cannot Be Overlooked. A Massive Bargain Of Over 4000 Sq. Ft. Of Living Space.
Extras
Excellent Location, Close To Universities & Steps To Ttc, 4 Full Kitchens 4 Full Bathrooms And Coin Laundry In Lower Level As Well A 4th Unit Which Is A Legal Non Conforming Unit. 9 Separate Entrances Into This Building.
Property Details
Community
Property Type
Triplex, 3-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
27' x 128'
Fronting
East
Taxes
$6,115 (2018)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
Detached
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FOR SALE
AN EXTREMELY RARE TRIPLEX FIND ! VACANT POSSESSION ! This Owner Occupied, Air Conditioned Extra Large Triplex has been Totally and Elegantly Updated and comes with 2 Very Spacious 3 Bedroom Apartments, EACH WITH 2 BATHROOMS, ENSUITE LAUNDRIES AND BALCONIES, and an an Extra Large Lower Level, Sunfilled 2 Bedroom Apartment, with Large Above Ground Windows and ENSUITE LAUNDRY. Set in Highly Sought After Long Branch Village, just a short walk from the Lake, on a Huge 46.5ft x 160.5ft Lot, with Private Rear Garden, 2 Car Garage, plus 4 more Parking Spaces, and extra Wide Private Double Driveway. CURRENT NET INCOME IS $95,000 WITH WITH POSSIBILTY OF INCREASING IT TO $102,000 PLUS THE 2.5 INCREASE FOR 2025. Ideal for the Investor to get a 4.5% Cap Rate on a Building in Top Conditon and needing no work, or for the Multi Generation Family to make it their Home. THIS PROPERTY MUST BE SEEN TO BE TRULY APPRECIATED.
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