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998 Avenue Rd

Avenue RdMidtownTorontoON, M5P 2K8

8
Beds
4
Baths
3,500 - 5,000
Sq. Ft.
$3,690,000
List Price
998 Avenue Rd, Toronto, ON - 1 of 3
998 Avenue Rd, Toronto, ON - 2 of 3
998 Avenue Rd, Toronto, ON - 3 of 3
New
8 days on market

Quick Summary

  • Expansive 50 x 111.66 ft lot with redevelopment potential
  • Rare detached legal fourplex in prestigious location
  • Newly renovated kitchens, bathrooms, and building systems
  • Convenient access to Eglinton Crosstown LRT and TTC subway
  • Vibrant neighborhood with shops, dining, and schools nearby
  • Hardwood flooring, separate utilities, and laundry in each unit
  • Mutual driveway and private parking for four units
  • Fully equipped with 4 kitchen appliances per unit

Attention Builders, Investors, and Visionaries!Explore an exceptional detached legal fourplex strategically positioned at one of Toronto's most prestigious intersections: Avenue Rd and Eglinton. This rare find sits on an expansive lot measuring 50 x 111.66 feet, offering immense potential for redevelopment or continued rental income. Each... Show More

Attention Builders, Investors, and Visionaries!Explore an exceptional detached legal fourplex strategically positioned at one of Toronto's most prestigious intersections: Avenue Rd and Eglinton. This rare find sits on an expansive lot measuring 50 x 111.66 feet, offering immense potential for redevelopment or continued rental income. Each of the four legal units spans approximately 1000 square feet, featuring 2 bedrooms and 1 bathroom.Recent upgrades include comprehensive waterproofing and insulation, newly renovated kitchens and bathrooms, and freshly painted units. The property boasts a brand-new boiler system and recently renovated roofs, ensuring efficiency and low maintenance for years to come. Located mere steps from the new Eglinton Crosstown LRT and the Yonge-Eglinton TTC subway, this prime investment property offers unparalleled convenience. Enjoy easy access to a vibrant array of restaurants, banks, groceries, and community centers, making it an ideal choice for tenants and future residents alike.Discover the vibrant local scene with shops and dining options just footsteps away, coupled with proximity to top-rated public and private schools. Don't miss this opportunity to capitalize on both the location and potential of this property! Hardwood flooring throughout all units. Mutual driveway and private parking for four units. Separate hydro meters, 4 washers and 4 dryers. 4 Kitchen appliances.

Property Details

Size

3,500 - 5,000 sq. ft.
8 total rooms
8 Beds
8 Above Grade
4 Baths

Parking

4 Parking Spaces
Other

Build

Year Built
1925 - 1973
Model Name
-
Basement
Unfinished, Sep Entrance
Exterior
Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Radiant
Cooling
None

Utilities

Water
-
Sewer
Sewers
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Rooms

Br

10′0″ x 11′6″

2nd Br

10′0″ x 10′6″

Br

10′0″ x 11′6″

2nd Br

10′0″ x 10′6″

Br

10′0″ x 11′6″

2nd Br

10′0″ x 10′6″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$10,843.78

Source

Listing Brokerage

MLS® Listing
C8469984
Last Updated
June 28, 2024
Brokerage
SKYLAND REALTY INC.
Call us 800-591-0566

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