70 Allen Ave
South Riverdale, Toronto, M4M 1T4
FOR SALE
$1,200,000
Sold
$1,100,000
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BEDROOMS0
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KITCHENS0
ROOMSW5779331
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-09-29 | 2022-10-08 | 9 | $1,200,000 | $1,100,000 | Sold |
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Property Description
Amazing Allen Ave Development Site On A Super Wide Lot And Extremely In-Demand Street. Build One Large Family Home, Decide To Create An Income-Producing Triplex (Or Fourplex) Or Sever To Create Two Detached Townhomes Or Wider Semi-Detached Homes. Too Many Options With This Super Wide Site.
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Property Details
Street
Community
City
Property Type
Other, Other
Lot Size
30' x 75'
Fronting
South
Taxes
$3,500 (2022)
Exterior
Other
Heat Type
None
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
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Excellent investment Opportunity, 2 Legal Apartments, One Commercial Unit Plus One. Excellent Location For A New Or Established Business, Easy Access To Major Highways Such As 401 & 400, Transit. Storefront Unit On The Main Floor, 2 Bedroom and 1 Bedroom Apartments On 2nd Floor Plus 3 Bedroom Apartment on the Basement that can Be Leased Separately Or Together with the main floor. 3 units are rented. (3 Bedrooms Basement - $2,000) (2-Bed Upper level - $2,000), (Commercial Unit - $2,750), (1-Bed Upper level - Vacant with a market rent is $1,700) CAP RATE 6.64%.
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