$1,830,000 FOR SALE

Detached

Bedrooms: 8+1Bathrooms: 4Lot: 20 x 116 ft

49 Jerome Street
Toronto (High Park North), ON M6P 1H8

Welcome to a great investment opportunity nestled in the sought-after family-friendly enclave of High Park North. This legal 4-plex stands out with its recently spruced up curb appeal, offering a blend of classic charm and functionality, with its high ceilings, big windows and attractive floor plan. Set on a tree-lined street in a highly desirable and connected west Toronto pocket, this property is perfectly positioned near a range of amenities, top-rated schools, and vibrant community spots. Currently, three of the units are occupied at strong market rents, while the fourth unit, previously used personally by the sellers, is ready for immediate rental. The entire building has been carefully updated over the years, with significant upgrades including modernized electrical systems, an underpinned basement, a five-year-old roof, and a completely rebuilt front porch and upper deck. Each apartment has also seen thoughtful updates, enhancing both comfort and appeal. Good cap rate of around 5.0%. - ( Bsmt 1Bed 686 sqft | Main flr 3bed 928sqft | 2nd flr 3Bed 867 sqft | 3rd Flr 1bed 752sqft ) Fully underpinned and Waterproofed basement w 8ft ceiling, fully updated electrical. **** EXTRAS **** Set showing times: Monday, Wednesday & Friday - between 3pm-7pm & Saturday 11-5pm with 6 hrs notice. (id:47423)

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Listed By SAGE REAL ESTATE LIMITED
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W9303648
Last Updated Sep 06, 2024
Property Summary
Property Type Detached

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Community High Park North
Price History
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Detailed Information
Bedrooms 8+1
Bathrooms 4
Lot 20 x 116 ft
Features Irregular lot size, Lane, Carpet Free, In-Law Suite
Listing Contract Date 2024-09-06
Location Description Bloor and Dundas
Ownership Type Freehold
# of Parking Spaces 2
Property Type Single Family
Transaction Type For sale
Building
Amenities Separate Electricity Meters
Appliances Blinds, Dishwasher, Dryer, Refrigerator, Stove, Washer
Basement Features Apartment in basement, Separate entrance
Basement Type N/A
Construction Style (Attachment) Detached
Cooling Type Window air conditioner
Exterior Finish Brick
Heating Fuel Natural gas
Heating Type Radiant heat
Stories Total 3
Type House
Utility Water Municipal water
Land
Total Size 20 x 116 FT
Sewer Sanitary sewer
Size of Irregular Land 20 x 116 FT

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