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$2,175,000
Est. payment /mo
7 Beds
6 Baths
UPDATED:
Key Details
Property Type Condo, Townhouse
Sub Type Att/Row/Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision South Parkdale
MLS Listing ID W12160507
Style 3-Storey
Bedrooms 7
Annual Tax Amount $10,123
Tax Year 2024
Property Sub-Type Att/Row/Townhouse
Property Description
Turn-Key Cash Flow Machine in the Heart of Toronto at 13 Spencer AveUnlock the potential of this stunning, renovated Grand Victorian just steps from the lake and Liberty Village! This legal duplex is a rare investment gem offering exceptional cash flow and a high cap rate. With approximately 3,500 sq ft of luxury living space plus a 300 sq ft rooftop terrace, this property is tailor-made for the savvy investor or multi-generational end-user.Currently fully tenanted with high-quality tenants, this property features 7 spacious bedrooms and 6 spa-inspired bathrooms (each with frameless glass showers), 2 designer kitchens, and open-concept floor plans with soaring 14-ft ceilings, exposed brick accents, and premium quartz stone finishes throughout.The walk-out basement offers incredible potential for a third income-generating unit, complete with its own entrance. With 4 private laundry setups, 4 covered parking spaces, and all major upgrades done, this is the true definition of turn-key.Live in one unit and rent the others, or sit back and collect rents from a fully stabilized asset in one of Torontos most vibrant communities.Prime Location | High-End Finishes | Strong Rental Income | Future UpsideDon't miss this rare opportunity to own a blue-chip investment in a location that continues to outperform.
Location
Province ON
County Toronto
Community South Parkdale
Area Toronto
Rooms
Family Room No
Basement Apartment, Walk-Up
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Other
Cooling Central Air
Inclusions All current appliances and electrical light fixtures (not belonging to tenants).
Exterior
Parking Features Lane
Pool None
Roof Type Asphalt Shingle
Lot Frontage 17.0
Lot Depth 120.0
Total Parking Spaces 4
Building
Foundation Concrete
Others
Senior Community No
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Listed by RE/MAX PROFESSIONALS SIDOROVA INWOOD REALTY