179 Marion St

Fabulous turnkey investment property. Perfect for the owner/investor to live in the huge upper unit and have help paying the mortgage with the other units or just rent out the entire property. Great rents! 1 bedroom basement unit (previously rented for $1900 newly vacant)., main floor 1 bedroom unit (previously rented for $2225 newly vacant)., Second/third floor 3-bedroom unit potential rent is approximately $3600-3700 (previously rented for $3400 newly vacant). Modernized top to bottom. Beautiful easily rentable units within a very well-maintained property. All units feature hardwood throughout and ensuite laundries. The upper unit features a gas fireplace, beautiful built-in shelving, exposed brick - tons of period character remains! 3 spacious bedrooms - primary bedroom has a huge deck with lake view and a 3 piece ensuite bathroom. Well-appointed kitchen featuring stainless appliances, stainless backsplash and a gas stove. Walk out to your second large deck- perfect spot for bbqs and alfresco dining!! Rare legal front pad parking (legally one but able to fit two cars). Tons of potential for turnkey investment or subsidized living in one of the most desirable neighbourhoods. Location Location in the Heart of Roncy! Close to High Park and Sorauren Park, St Joseph's Hospital. Walk to many shops, restaurants, and Sunnyside Beach, easy access to TTC, Queen West, Lakeshore and Gardiner. Estimated 94K per year income when fully rented. (id:54626)