MLS#: C13460808Listed: 2 days agoUpdated:2 days ago
Description
Classic Double-Brick Semi In The Heart Of The Annex, Steps From U Of T, Configured As A Duplex With Two Self-Contained Units Across Four Floors And An Impressive 3,400 Sq Ft Above Grade. The Upper Suite (2nd And 3rd Floor) Is Currently Tenanted - Income In Place From Day One. It Lives Like A Townhouse: Exposed Brick Living Room, Renovated Kitchen With Stainless Appliances And Classic Black-And-White Tile, In-Suite Laundry, And A Third-Floor Loft With Angled Ceilings And Hardwood Throughout That Draws Excellent Tenants And Keeps Them. The Main And Basement Unit Is Delivered Vacant...And That Vacancy Is Part Of The Value. Move In And Let The Upper Unit Carry Your Costs. Renovate And Re-Tenant At Current Market Rents. Separate The Main Floor And Basement Into Two Independent Units. The Options Are Real And The Address Makes Every One Of Them Work. The Suite Features 9-Ft Ceilings, Original Hardwood, A Decorative Fireplace, A Sun-Filled Enclosed Front Porch, Finished Basement With Full Bath And In-Suite Laundry. Pre-Listing Inspection Rated Above Typical For Its Class: Double-Brick Masonry, 200-Amp Copper-Grounded Electrical, Professionally Damp-Proofed Foundation, 10-Yr-Old Hot Water Boiler With ~10 Yrs Remaining. Roofs In Good Repair Throughout. Private Front Parking, A Premium At This Address! The Annex Is One Of Toronto's Most Enduringly Desirable Neighbourhoods: Tree-Lined, Walkable, Intellectually Alive, And Stubbornly Resistant To Going Out Of Style. Less Than A 3-Minute Walk To Bathurst Station. Steps To U Of T, The ROM, Philosophers' Walk, Bloor Street's Independent Boutiques, Bookshops And Restaurants, Koreatown, And Kensington Market. Within The MTSA Zone. Vacancy Rates Here Are Among The Lowest In The City For Good Reason, People Who Live In The Annex Don't Leave Willingly. One Unit Earning. One Unit Waiting For Your Vision. (id:63050)
Details
Details for 50 Albany Avenue, Toronto Annex, Ontario
Property Type
Single Family
Building Type
House
Storeys
2.5
Neighborhood
Annex
Land Size
22.5 x 135 FT
Year Built
-
Annual Property Taxes
$12,024
Parking Type
No Garage
Inside
Appliances
Washer, Dishwasher, Range, Dryer, Two stoves, Window Coverings, Water Heater, Two Refrigerators
Rooms
17
Bedrooms
11
Bathrooms
5
Fireplace
-
Fireplace Total
-
Basement
Finished, Walk out, N/A
Building
Architecture Style
-
Direction
Bloor And Bathurst
Type of Dwelling
house
Roof
-
Exterior
Brick
Foundation
Unknown
Flooring
Hardwood
Land
Sewer
Sanitary sewer
Lot Size
22.5 x 135 FT
Zoning
-
Zoning Description
-
Parking
Features
No Garage
Total Parking
1
Utilities
Cooling
None
Heating
Radiant heat, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
Carpet Free
Security
-
Pool
-
Waterfront
-
Rooms
Rooms for 50 Albany Avenue, Toronto Annex, Ontario