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Listing photo of 203 FAIRVIEW AVENUE

Toronto

Toronto

$1,349,000

203 FAIRVIEW AVENUE, Toronto, M6P3A6

MLS Number: W13866628

Beds

7

Baths

4

Listing

For Sale

Type

Freehold

Square Feet

2,500 - 3,000

Located on a quiet, tree-lined street in Toronto's highly desirable west end Junction, this well-maintained, 2.5 storey semi-detached home, features four self contained apartments. The spacious main floor apartment, over 900 sq ft, boasts high ceilings, ensuite laundry and a walkout to a back deck and garden. The second floor apartment, equally spacious, offers a cozy gas fireplace, ensuite laundry and a western facing walk-out deck. The third floor apartment looks out onto it's own deck overlooking the tranquil backyard. The basement apartment with ceiling height of over 6'10", has it's own private entrance. The property has laneway access to a large, detached, 2 car concrete block garage. There is exciting potential to build a laneway home in accordance with Toronto city by-laws for additional income. Lanescape Property Report is attached. The property is conveniently located to public transit, desirable schools and trendy Junction shops and restaurants. For avid walkers, cyclists and nature lovers, High Park is a short walk away. With exceptional tenants and immediate cash flow, this property is a great opportunity for investors or an Owner-Operator Landlord. The third floor can be left empty upon closing for the new owner to reside. Financial information is attached. Tenants pay their own hydro. New roof 2014.

Location

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203 FAIRVIEW AVENUE, Toronto, M6P3A6

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Nearby Schools

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Down Payment

$269,800

Mortgage Amount

$1,079,200

Principal + Interest

$6,240 / mo

5-Year Term Payments

$374,395

Estimated Monthly Carrying Cost

$6,890

Includes principal, interest, property tax, condo fees, and heating estimates.

This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.

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