Description

Like its sister property @ #47 Northcote Avenue, this brownstone beauty at #45 Northcote Avenue offers the most exciting real estate in the West Queen West area of Toronto. Victorian era brownstone with optimum income for owners who intend to live here or investors maximizing rents and future price appreciation. #45 was also approved for expanding the 3rd level even more. Most visitors comment how great the basement apartment is, with high ceilings, huge windows and wells allowing natural light & a separate entrance through front of house. Spacious modern apartments with own ensuite laundry, separately metered and with own temperature controls. Floors were additionally insulated for sound and thermal. This 3 Story Bay and Gable legal fourplex (with all 4 units above grade) provides an entire full walkout basement that can be turned into a huge apartment. 47 Northcote backs onto a laneway that already houses multiple incredible coach houses. with a sizable backyard, a coach house may be the best use of this oversized space. between the two properties you have up to 6 parking spots. From its rooftop deck the Toronto Skyline is incredible. #45 & #47 together span 43 feet of frontage and approximately 123 feet of depth. Financials upon request. #45 / are available for purchased together, or separately. Current rents lead to top of market CAP rates, with tenants paying own utilities. Ask us how you might optimizing revenue even further. With already approved expansion plans, financials will surely go up. 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 the famous Drake hotel and The Gladstone. Torontonians call this area their favourite to hang out,. Top restaurants, fantastic dessert and coffee shops, and famous bars.

Highlights

Multiple Parking spots at rear, via laneway. All appliances, HVAC equipment included.