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Pina Marrella

info@pinarealestate.com +1(416) 909-1969

$1,398,000

Est. payment - /mo

6 Beds

4 Baths

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100 - 1500

Subdivision Crosby

MLS® Listing ID N14096448

Style Bungalow

Bedrooms 6

Property Sub-Type Freehold

Property Description

RARE MULTI-UNIT INCOME OPPORTUNITY FOR BOTH INVESTORS & END-USER GEM IN PRIME CROSBY, RICHMOND HIL. EXCEPTIONAL OPPORTUNITY TO COMBINE DEATCHED HOME OWNERSHIP, FLEXIBLE LIVING AND INVESTMENT POTENTIAL IN ONE PROPERTY WITH 4 UNITS. 2 REGISTERED LEGAL SUITES in Basement! The owner has spent over $100,000 on legalization of 2 basement units. Property has 4 units with potential rental income of $7700/monthly, $92,400/yearly. Investors & Multi-Gen Families! A turn-key cash cow in Richmond Hill's elite Crosby neighborhood. Features a wide driveway with parking spaces! THE LAYOUT: 3-bed main floor unit PLUS a self-contained small bachelor in main floor with its own private entrance, private bathroom & independent heat pump climate control, plus 2 self-contained unis in the basement.2 lower suites are COMPLETELY VACANT, brand-new, and legalized & registered with the total peace of mind! Upgraded 200-Amp electrical panel, completely brand-new basement wiring & plumbing, and a fully centralized, interconnected Smoke & CO alarm system spanning all 4 units. Enjoy complete freedom to set your own market-rate tenants from Day 1 with a projected gross income potential of $7,700/month ($92,400/year) or live in the main unit and let the 3 other units pay your mortgage. 2 basement units and a small bachelor in main floor are vacant now. Premium 51 x 100 ft lot, steps to Top-Ranked Schools, Highways, Go Train, Yonge St, Parks, Shopping, and Transit. Turn-key, fully legal, and risk-free for discerning investors or multi-generational families! (id:24570)

Location

Province ON

Rooms

Kitchen 4.0

Extra Room 1 Basement 4.45 m X 3.48 m Living room

Extra Room 2 Basement 4.45 m X 3.48 m Kitchen

Extra Room 3 Basement 4.51 m X 2.72 m Bedroom

Extra Room 4 Basement 4.51 m X 2.62 m Living room

Extra Room 5 Basement 3.51 m X 2.97 m Kitchen

Extra Room 6 Basement 4.33 m X 3.07 m Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Hardwood, Laminate, Ceramic

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by CENTRAL HOME REALTY INC.

Nearby Locations

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Pina Marrella

+1(416) 909-1969

Agent

446 TAYLOR MILLS DRIVE S Richmond Hill, ON L4C2T4

Pina Marrella

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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446 TAYLOR MILLS DRIVE S