$2,775,000
Available - For Sale
Listing ID: C8300422
47 Northcote Ave , Toronto, M6J 3K2, Ontario


Like its sister property #45 Northcote Avenue is a Semi-Detached Legal Fourplex, offering the most exciting real estate in the West Queen West area of Toronto. Like #45, #47 Northcote Avenue is a beautiful Victorian era 3 story Bay and Gable brownstone with optimum income for owners who intend to live here and rent out a part of the home - perfectly set up for private separate and exclusive living. It's a live-in Investment - a property in a great location where as your lifestyle and family expands, so can your footprint. For a pure investor, you are maximizing rent and taking advantage of future price appreciation in the hottest real estate pocket of Toronto. Beaconsfield Village's Northcote is book-ened by dreamy Beaconsfield Avenue with its mid-1800s brownstones and fabulous coach houses, anchored by Queen West's famous Drake hotel and The Gladstone. Torontonians call this area their "favourite to hang out", meet up with friends, or start a life together. Top restaurants, fantastic dessert and coffee shops, and famous bars. All 4 units are above grade. An entire full walkout basement is already approved (2018) for a huge separate apartment. 47 Northcote backs onto a laneway that already showcases a multitude of incredible neighbouring coach houses. From its rooftop deck the Toronto Skyline views are incredible. #45 & #47 together span 43+ feet of frontage and approximately 123 feet of depth. See the attachments for Financials. #45 &#47 are available to be purchased together or separately. Ask us about optimizing revenue here. With already approved expansion plans, financials will surely go up.
Extras:   Multiple Parking spots at rear, via laneway. All appliances, HVAC equipment included.
Price $2,775,000
Taxes: $8548.00
Address: 47 Northcote Ave , Toronto, M6J 3K2, Ontario
Lot Size: 19.74 x 122.94 (Feet)
Directions/Cross Streets: Queen Street West & Northcote Ave
Rooms: 12
Bedrooms: 6
Bedrooms +:
Kitchens: 4
Family Room: Y
Basement: Sep Entrance, Unfinished
Property Type: Semi-Detached
Style: 3-Storey
Exterior: Brick, Other
Garage Type: None
(Parking/)Drive: Lane
Drive Parking Spaces: 3
Pool: None
Approximatly Square Footage: 3000-3500
Property Features: Park, Public Transit, Rec Centre, School
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Radiant
Central Air Conditioning: Wall Unit
Elevator Lift: N
Sewers: Sewers
Water: Municipal
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HARVEY KALLES REAL ESTATE LTD.
Personal Picture
HANIF ARKIAN
Broker
Dir:
416-871-6060
Bus:
416-798-7777
Fax:
905-660-5393
 
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At a Glance:
Type: Freehold - Semi-Detached
Area: Toronto
Municipality: Toronto
Neighbourhood: Little Portugal
Style: 3-Storey
Lot Size: 19.74 x 122.94(Feet)
Approximate Age:
Tax: $8,548
Maintenance Fee: $0
Beds: 6
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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