Toronto E02, ON M4L 2K3,4 Casci AVE
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Toronto E02, ON M4L 2K3,4 Casci AVE
Toronto E02, ON M4L 2K3,4 Casci AVE
Toronto E02, ON M4L 2K3,4 Casci AVE
Toronto E02, ON M4L 2K3,4 Casci AVE

$1,555,000

Est. payment /mo

$1,575,000

1.3%
Est.Price: ?

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4 Casci AVE Toronto E02, ON M4L 2K3

6 Beds

3 Baths

SOLD DATE : 01/06/2025

Key Details

Sold Price $1,555,000

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Woodbine Corridor

MLS Listing ID E9363974

Sold Date 01/06/25

Style 2-Storey

Bedrooms 6

Annual Tax Amount $7,160

Tax Year 2024

Property Sub-Type Semi-Detached

Property Description

Ready for an investment that's got both style and cash? Nestled on a peaceful cul-de-sac in the Upper Beaches, this 3-unit property is more than just eye candy - it's a moneymaker. Altogether, the property pulls in an impressive $8,400 per month in rent across its three units, including a sweet, loft-style basement apartment. Smart investors will recognize the goldmine here, with 4 parking spots and the added potential for a laneway suite, offering even more opportunity for future value and income growth. Renovated from top to bottom in 2011 with over $300K in upgrades, all done with proper permits, this property is registered with the City of Toronto as a legal 3-unit dwelling. Each unit boasts 2 spacious bedrooms, ensuite laundry, and fully equipped modern kitchens. And here's the kicker: with 2 of the 3 units currently vacant, the cap rate stands at 5.76% with positive cash flow - a rare find in Toronto's competitive market! But wait, there's more: if the 3rd unit were also brought to market rent, the cap rate would jump to an impressive 6.19% - wowzers! Since the main floor and basement are completely vacant, you can either move in yourself or rent them out at market value. Plus, all three units come with private decks, perfect for those chill moments or hosting guests. Whether you're looking for a turnkey investment or a stunning home with rental income, this one has it all. Act fast, because this gem won't last!

Location

Province ON

County Toronto

Community Woodbine Corridor

Area Toronto

Rooms

Family Room No

Basement Finished with Walk-Out, Apartment

Kitchen 3

Separate Den/Office 2

Interior

Interior Features Carpet Free, Floor Drain, Separate Hydro Meter, Storage, Sump Pump

Cooling Central Air

Exterior

Exterior Feature Deck, Landscaped, Patio, Porch

Parking Features Lane, Private

Pool None

Roof Type Flat

Lot Frontage 28.9

Lot Depth 114.0

Total Parking Spaces 4

Building

Foundation Concrete Block

Others

Security Features Smoke Detector

ParcelsYN No

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Listed by RE/MAX ULTIMATE REALTY INC.
agent

Richard Rutkowski

License Partner | Broker of Record | License ID: HBRUTKORI

+1(905) 876-6660

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