37
246 EUCLID AVENUE
$2,200,000 Sale
Listed 10 hours ago
· 7+1
· 4.0
· 3
· 2500 - 3000
Key Facts
Key facts for 246 EUCLID AVENUE
Property Type
Apartment, Fourplex
Parking
Garage: Yes, 3 parking
MLS #
C12427286
Size
2500 - 3000 sqft
Basement
N/A
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
The rarest of birds: a red-bricked fourplex in the heart of Trinity-Bellwoods. A distinct downtown opportunity, offering four updated self-contained apartments in a well-maintained property, with a double garage with separate stalls, and a remarkably deep and lush lot steps from Queen West, Little I...taly and the Park. 50% of the property will be vacant on closing; the main and lower one-bedrooms will be vacant soon, while the spacious upper suites, a three-bedroom on the second floor and a two-bedroom on the third, are rented month-to-month and to be assumed. That means cash flow from day one, plus immediate flexibility for live-in owners, co-ownership buyers, or investors seeking to reset rents to current market levels. The property is well maintained and thoughtfully updated: four updated bathrooms, four dishwashers, shared coin laundry, refreshed mechanicals and hydro panels and a fire escape serving all levels in the backyard offering a second egress. The recently renovated lower level features high ceilings, a new kitchen and bath, two separate entrances, and modern above-grade windows. With seven bedrooms across four apartments, ample tenant-friendly character, and a backyard that doubles as a drive-through from the garage, for a potential 3rd parking spot, this address is equal parts investment and lifestyle. Secure, versatile, and future-proof, a downtown cash flow safe haven that will keep on giving. Ask about the laneway home feasibility report. Prompt viewing recommended. (id:10452)
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Listing courtesy of: FREEMAN REAL ESTATE LTD.
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