37 Garden Avenue, Toronto, ON

Description

Calling all investors and end-users! This turn-key, detached, W-I-D-E & exceptional south-facing Victorian (c.1885) 2.5 storey home is located in the heart of Roncesvalles Village and boasts a sprawling floorplan with over 3,200 sq.ft. of finished living space spread over four levels. Substantially renovated since 2016, this home presently offers three large, practical, all two-bedroom units (each with rare designated laneway parking) ranging in size from a 1,200 sq.ft. 2nd/3rd floor showstopper to a 960 sq.ft. high, dry & underpinned (8'+) lower-level unit with heated floors, with a third 980 sq.ft. main-floor two-bedroom unit that is vacant and ready for your move-in, new tenants at today's rent or renovation project to create your dream space while collecting rent from the lower-level and upper units. Possibilities abound; Enjoy the property as-is, build a possible 1,600 sq.ft.+ laneway suite (report attached) or build into a huge single-family home in one of the best neighbourhoods in the city, close to excellent schools, transit, restaurants and entertainment. All the heavy lifting has been done here; Hundreds of thousands of dollars in updates since 2016 include deep underpinning, electrical (200 amp), hardwired smoke/CO detectors, plumbing, flooring (basement heated), three complete sets of new appliances, removable partition walls, exterior paint, etc. In brief: wide, detached & renovated Victorian in prime Roncesvalles with 4+2 bedrooms, four washrooms, two stairwells (front & rear), three parking and $100K+ possible (but very achievable) gross income when fully leased. **EXTRAS** Sky-high ceilings and loads of original charm are paired with laneway house, further multi-unit or single family (5+ bed) possibilities.