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$ 1,469,000

141 Gracefield Ave

Toronto, Ontario, M6L 1L4

MLS® Number : W11966943

4 + 3 Beds / 7 Baths / 7 Parking

Lot Front: 51 Feet / Lot Depth: 120 Feet

Description


Must see, custom renovated income producing property! 4 completely independent apartments (three 2 bed, 2 bath apartments + one 1 bed, 1 bath apartment), all with separate entrances, en-suite laundry, full kitchen, and luxurious finishes. Quartz countertops in all kitchens. 51 x 129 ft lot in the sought after Maple Leaf neighbourhood! Premium porcelain tiles & engineered hardwood flooring through the main apartments. Porcelain tile & luxury vinyl flooring in basement apartments. Front main level apartment (2 bed, 2 bath). Rear basement apartment (1 bed, 1 bath). 9 foot ceilings on main level, 8 ft ceilings in basement. Fully renovated in 2019. Single attached garage. Two furnaces, 2 A/C units. **REAR MAIN LEVEL APARTMENT IS NOW VACANT!*** ***MAIN FRONT APARTMENT WILL BE VACANT AS OF APRIL 1** CAN BE PURCHASED AS AN OWNER OCCUPIED INVESTMENT PROPERTY! MAIN FRONT 2 br, 2 bath: $2300 month to month (tenant leaving and will be vacant for April 1st). MAIN REAR 2 bed, 2 bath: VACANT (previously $2400/month). LOWER FRONT 2 bed, 2 bath: $2000 month to month. LOWER REAR 1 bed, 1 bath: $1500 month to month. 98,400 gross annual rental income when fully occupied! All Inclusive rents. BOTH MAIN LEVELS WILL BE VACANT, leaving opportunity to convert back to single family main level, keeping two basement apartments for additional income!

Extras


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Property Type

Detached

Neighbourhood

Maple Leaf

Garage Spaces

7

Property Taxes

$ 5,586

Area

Toronto

Additional Details


Drive

Private

Building


Bedrooms

4 + 3

Bathrooms

7

Utilities


Water

Municipal

Sewer

Sewers

Features


Kitchen

4

Family Room

N

Basement

Apartment

Fireplace

N

External Features


External Finish

Stucco/Plaster

Property Features


HospitalParkPlace Of WorshipPublic TransitRec Centre

Cooling And Heating


Cooling Type

Central Air

Heating Type

Forced Air

Bungalows Information


Days On Market

29 Days

Rooms

Metric

Imperial


RoomDimensionsFeatures
Kitchen18.47 X 9.84 ft
Porcelain Floor
Large Window
Eat-In Kitchen
Living11.48 X 11.48 ft
Hardwood Floor
Large Window
Br9.61 X 9.84 ft
Window
Hardwood Floor
3 Pc Ensuite
Br9.61 X 9.84 ft
Window
Hardwood Floor
Closet
Kitchen11.94 X 11.48 ft
Porcelain Floor
Large Window
Combined W/Living
Living11.94 X 11.48 ft
Porcelain Floor
Large Window
Combined W/Kitchen
Br9.19 X 9.51 ft
Hardwood Floor
3 Pc Ensuite
Large Window
Br9.19 X 9.51 ft
Hardwood Floor
Window
Closet
Kitchen9.84 X 9.84 ft
Porcelain Floor
Combined W/Living
Above Grade Window
Br9.51 X 9.51 ft
Vinyl Floor
Closet
Kitchen9.19 X 9.19 ft
Porcelain Floor
Combined W/Living
Above Grade Window
Br9.84 X 9.84 ft
Closet
3 Pc Ensuite
Above Grade Window

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