$950,000Asking Price
Exceptional opportunity for investors or end-users seeking strong income potential with flexibility. This fully self-contained duplex features two separate apartments, each with its own private entrance, with an additional front entrance added to enhance functionality and privacy for the upper unit. The basement apartment also features a proper egress window and its own separate hydro meter.Both units were renovated prior to the current tenants taking occupancy, and the same tenants have remained since the renovations were completed - a true testament to the quality of the property and an excellent opportunity for investors seeking stable, reliable income. Current rents are at - or above - market value, providing immediate positive cash flow from day one.Recent updates completed by the owners include a new furnace and A/C unit, new driveway, updated eavestroughs and gutters, new basement oven, and new washing machine. The property also features renovated kitchens and bathrooms, laminate flooring, halogen pot lights, and shared laundry facilities.Tenants are responsible for their own hydro usage, with gas expenses split 60% for the upper unit and 40% for the basement apartment. Tenants also share responsibility for snow removal and lawn maintenance.A fantastic turnkey income property in a strong rental market with quality long-term tenants already in place.
Exceptional opportunity for investors or end-users seeking strong income potential with flexibility. This fully self-contained duplex features two separate apartments, each with its own private entrance, with an additional front entrance added to enhance functionality and privacy for the upper unit. The basement apartment also features a proper egress window and its own separate hydro meter.Both units were renovated prior to the current tenants taking occupancy, and the same tenants have remained since the renovations were completed - a true testament to the quality of the property and an excellent opportunity for investors seeking stable, reliable income. Current rents are at - or above - market value, providing immediate positive cash flow from day one.Recent updates completed by the owners include a new furnace and A/C unit, new driveway, updated eavestroughs and gutters, new basement oven, and new washing machine. The property also features renovated kitchens and bathrooms, laminate flooring, halogen pot lights, and shared laundry facilities.Tenants are responsible for their own hydro usage, with gas expenses split 60% for the upper unit and 40% for the basement apartment. Tenants also share responsibility for snow removal and lawn maintenance.A fantastic turnkey income property in a strong rental market with quality long-term tenants already in place.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 10.76' x 9.35' | Ceramic Floor, Eat-in Kitchen, Large Window |
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 4-Piece Bathroom | ||||
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Glenfield - Jane Heights, Toronto is a west Toronto neighbourhood notable for its singles, renters, salespeople, tradespeople and manufacturing workers. It has a higher than average population of immigrants, particularly those from Italy and Vietnam, and Italian, Spanish and Vietnamese speakers. Residents tend to be younger with a significant number of babies, kids aged 5 to 14, youth aged 15 to 24 and adults aged 55 to 59.
Kids Per Family
1.6
kids per family
in the neighbourhood.
59%
of residents are
single and loving it.
59% singles
Toronto (50%)
48%
of residents
are renters.
48% renters
Toronto (47%)
15%
of residents are
university grads.
15% university grads
Toronto (48%)Average Household Income
$81K
is the average household
income in the neighbourhood.
Professions
| Sales | 15% |
| Trades | 11% |
| Manufacturing | 9% |
| Business | 6% |
| Government | 5% |
60%
of residents were
born outside of Canada.
60% immigrants
Toronto (48%)8.9% from Vietnam
All-time
1.0% from Philippines
Recent
Foreign Languages
| Spanish | 10% |
| Vietnamese | 9% |
| Italian | 9% |
| Tagalog | 3% |
| Cantonese | 2% |
Religions
| Christian | 64% |
| Buddhist | 10% |
| Muslim | 6% |
| Hindu | 6% |
Social Housing Buildings
58
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.