$1,750,000
Available - For Sale
Listing ID: C13460808
50 Albany Avenue , Toronto, M5R 3C3, Toronto
| 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. |
| Price | $1,750,000 |
| Taxes: | $12023.76 |
| Occupancy: | Tenant |
| Address: | 50 Albany Avenue , Toronto, M5R 3C3, Toronto |
| Directions/Cross Streets: | Bloor And Bathurst |
| Rooms: | 13 |
| Rooms +: | 6 |
| Bedrooms: | 8 |
| Bedrooms +: | 3 |
| Family Room: | F |
| Basement: | Finished wit |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 17.48 | 10.99 | Bay Window, Fireplace, Hardwood Floor |
| Room 2 | Main | Dining Ro | 12.5 | 11.32 | Bay Window, Hardwood Floor |
| Room 3 | Main | Kitchen | 12 | 12.99 | Window, Stainless Steel Appl, Hardwood Floor |
| Room 4 | Main | Bedroom | 9.25 | 10.99 | Window, Hardwood Floor, Closet |
| Room 5 | Main | Bedroom | 10.99 | 10.17 | Window, Hardwood Floor, Closet |
| Room 6 | Main | Bedroom | 12.33 | 9.41 | Window, Hardwood Floor, W/O To Yard |
| Room 7 | Second | Kitchen | 10.99 | 14.17 | Window, Stainless Steel Appl |
| Room 8 | Second | Living Ro | 14.99 | 17.32 | Bay Window, Hardwood Floor, W/O To Sunroom |
| Room 9 | Second | Bedroom | 10.07 | 10.99 | Window, Hardwood Floor, Closet |
| Room 10 | Second | Bedroom | 14.24 | 12.99 | Window, Hardwood Floor, Closet |
| Room 11 | Second | Bedroom | 10.23 | 12.76 | Bay Window, Hardwood Floor |
| Room 12 | Third | Bedroom | 14.99 | 17.32 | Window, Hardwood Floor, Closet |
| Room 13 | Third | Bedroom | 11.58 | 11.25 | Window, Hardwood Floor, Closet |
| Room 14 | Basement | Bedroom | 16.01 | 16.33 | Window, Hardwood Floor, Closet |
| Room 15 | Basement | Bedroom | 15.74 | 10.43 | Window, Hardwood Floor |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 2 | Second |
| Washroom Type 4 | 4 | Basement |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Semi-Detached |
| Style: | 2 1/2 Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 1 |
| Park #1 | |
| Parking Type: | Front Yard |
| Park #2 | |
| Parking Type: | Front Yard |
| Park #3 | |
| Parking Type: | Mutual |
| Pool: | None |
| Approximatly Square Footage: | 3000-3500 |
| Property Features: | Hospital, Library |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| RE/MAX WEST REALTY INC. |
|
|
Edward Matar
Sales Representative
Dir:
416-917-6343
Bus:
416-745-2300
Fax:
416-745-1952
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At a Glance:
| Type: | Freehold - Semi-Detached |
| Area: | Toronto |
| Municipality: | Toronto C02 |
| Neighbourhood: | Annex |
| Style: | 2 1/2 Storey |
| Tax: | $12,023.76 |
| Beds: | 8+3 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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