Address: 215 Hamilton St. Toronto, ON M4K 2Z5, USA
$229,900: 3 bedrooms, 2 bathrooms in Toronto
SOLD! This large brick 2 storey home features 3 well-renovated floors and is an excellent investment property or perfect for the owner who wants to live in and rent out the other unit! With a 5% down payment of $11,495.00, the monthly mortgage payments work out to be only about $1450.00 monthly. Total current income from both units is $1650 monthly plus utilities! Its located on a quiet treed street in Riverdale lined with many Victorian homes. Its a block to nearby shops and restaurants; and its south of the trendy Danforth area. The TTC is one block away; and its only a short 5 minute drive by car downtown. The home is currently set up as 2 separate units. The upstairs unit comprises the main and second floors; and theres a separate basement apartment. The main floor has been designed open concept style, with the living room and diningroom combined and enjoys very high ceilings and an exposed brick fireplace. Beyond is the large eat-in kitchen thats been well-renovated and features lots of white cabinetry and counter space. Theres a floating staircase to the 2nd floor that features really good-sized bedrooms with lots of light! Theres also an oversized renovated bathroom. The basement has two entrances, very high ceilings and is one of the better one bedroom basement apartments weve shown. It has superior finishings and is currently rented by an excellent tenant who would like to stay if the new owners need income. Its rented for $625.00 monthly inclusive. The upper unit is rented for $1025.00 monthly plus utilities; and the tenants are leaving. Total current income is $1650.00 excluding utilities. There is a shared laundry and the home is in excellent condition with good mechanics. Theres a new forced air gas furnace, central air, the roof is about 6 years old, and theres very low taxes (under $1700.00 in year 2000). This is exceptional value in Riverdale so dont wait to see it!
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Address: 215 Hamilton St., Toronto, ON M4K 2Z5, USA
