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47 Northcote Ave

Northcote AveWest EndTorontoON, M6J 3K2

-
Beds
-
Baths
5,289
Sq. Ft.
$2,775,000
List Price
47 Northcote Ave, Toronto, ON - 1 of 3
47 Northcote Ave, Toronto, ON - 2 of 3
47 Northcote Ave, Toronto, ON - 3 of 3
New
11 days on market

Quick Summary

  • Spacious Victorian-era 3-story Bay and Gable brownstone
  • Optimum income potential as a legal fourplex
  • Excellent location in vibrant Beaconsfield Village
  • Approved plans for a separate basement apartment
  • Stunning rooftop deck with panoramic city skyline views
  • Multiple parking spots accessible via rear laneway
  • All appliances and HVAC equipment included
  • Opportunity to optimize revenue with expansion plans

Like its sister property #45 Northcote Avenue is a Semi-Detached Legal Fourplex, offering the most exciting real estate in the West Queen West area of Toronto. Like #45, #47 Northcote Avenue is a beautiful Victorian era 3 story Bay and Gable brownstone with optimum income for owners who intend to live here and rent out a part of the home... Show More

Like its sister property #45 Northcote Avenue is a Semi-Detached Legal Fourplex, offering the most exciting real estate in the West Queen West area of Toronto. Like #45, #47 Northcote Avenue is a beautiful Victorian era 3 story Bay and Gable brownstone with optimum income for owners who intend to live here and rent out a part of the home - perfectly set up for private separate and exclusive living. It's a live-in Investment - a property in a great location where as your lifestyle and family expands, so can your footprint. For a pure investor, you are maximizing rent and taking advantage of future price appreciation in the hottest real estate pocket of Toronto. 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 famous Drake hotel and The Gladstone. Torontonians call this area their ""favourite to hang out"", meet up with friends, or start a life together. Top restaurants, fantastic dessert and coffee shops, and famous bars. All 4 units are above grade. An entire full walkout basement is already approved (2018) for a huge separate apartment. 47 Northcote backs onto a laneway that already showcases a multitude of incredible neighbouring coach houses. From its rooftop deck the Toronto Skyline views are incredible. #45 & #47 together span 43+ feet of frontage and approximately 123 feet of depth. See the attachments for Financials. #45 &#47 are available to be purchased together or separately. Ask us about optimizing revenue here. With already approved expansion plans, financials will surely go up. **** EXTRAS **** Multiple Parking spots at rear, via laneway. All appliances, HVAC equipment included (id:54626)

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Property Details

Size

5,289 sq. ft.
0 Beds
0 Baths

Heating & Cooling

Heating
Baseboard heaters
Cooling
Fully air conditioned

Utilities

Water
Municipal water
Sewer
Storm sewer

Source

Listing Brokerage

MLS® Listing
C8323212
Last Updated
May 15, 2024
Brokerage
HARVEY KALLES REAL ESTATE LTD.
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Call us 800-591-0566

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