Toronto
Detached in Toronto
$2,390,000
2652 VICTORIA PARK AVENUE, Toronto, M2J4A6
MLS Number: C14109352
Beds
14
Baths
16
Listing
For Sale
Type
Detached
Square Feet
3,500 - 5,000
Exceptional Multi-Unit Rental Investment Opportunity In A Prime Toronto Location! Built In 2019,This Large Detached Property Offers Approx. 4,850 Sq.Ft Above Grade Plus Approx. 2,400 Sq.Ft. Basement, With A Flexible Multi-Suite Layout Designed (14 Bedrooms, 16 washrooms) For Strong Rental Income Potential. Current Layout Includes 6 Suite-Style Rooms On The Second Floor, 2 Suite-Style Rooms 2 Powder Rooms On The Main Floor, And 6 Suite-Style Bedrooms In The Basement-tremendous Upside With Approx. The Property Is Equipped With 3 Hot Water Tanks, 2 Furnaces And 2 HRVs,$100K-$150K Additional Investment Estimated To Complete The Remaining Renovations. Similar Completed Multi-Unit Rental Properties May Support A Market Value In The Approx. $2.8M-$3M Range. Potential To Explore CMHC Financing Options And Additional Garden House Opportunity In The Back Yard, Subject To Applicable Approvals. Convenient Location Close To TTC, Hwy 401/404/DVP, Shopping, Schools, Parks And Everyday Amenities. Priced To Sell! Rare Large-Scale Income Property With Huge Upside Potential. Don't Miss This Great Investment Opportunity!
Location
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2652 VICTORIA PARK AVENUE, Toronto, M2J4A6
Nearby Schools
Schools near 2652 VICTORIA PARK AVENUE
Distances are measured in a straight line from this property.
St Gerald Catholic School
Elementary school · Grades JK-8
Toronto CDSB
200 Old Sheppard Ave, Toronto, Ontario, M2J3L9
Brian Public School
Elementary school · Grades JK-5
Toronto DSB
95 Brian Dr, North York, Ontario, M2J3Y6
Fairglen Junior Public School
Elementary school · Grades JK-6
Toronto DSB
2200 Pharmacy Ave, Scarborough, Ontario, M1W1H8
Sir John A Macdonald Collegiate Institute
Secondary school · Grades 9-12
Toronto DSB
2300 Pharmacy Ave, Toronto, Ontario, M1W1H8
Bridlewood Junior Public School
Elementary school · Grades JK-6
Toronto DSB
60 Bridlewood Blvd, Scarborough, Ontario, M1T1P7
Muirhead Public School
Elementary school · Grades JK-5
Toronto DSB
25 Muirhead Rd, Toronto, Ontario, M2J3W3
J B Tyrrell Senior Public School
Elementary school · Grades 6-8
Toronto DSB
10 Corinthian Blvd, Scarborough, Ontario, M1W1B3
Pleasant View Middle School
Elementary school · Grades 6-8
Toronto DSB
175 Brian Dr, North York, Ontario, M2J3Y8
Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.
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Down Payment
$478,000
Mortgage Amount
$1,912,000
Principal + Interest
$11,055 / mo
5-Year Term Payments
$663,310
Estimated Monthly Carrying Cost
$11,705
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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