Welcome to this remarkable ["3-Storey"] fourplex located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,890,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Excellent investment opportunity at 51 McGee St! Newly renovated and well-designed legal fourplex featuring four self-contained rental units. Each unit has its own front entrance and rear entrance, offering excellent privacy and convenience. Basement 2-bedroom unit rented at $2,460/month. 1st floor 2-bedroom unit rented at $2,500/month until November. 2nd floor unit is currently vacant and was previously rented at $3,000/month. 3rd floor 2-bedroom unit is currently vacant and was previously rented at $2,800/month. Potential total income approximately $11,000/month. Great Airbnb potential with possible higher income. Excellent opportunity for investors seeking strong cash flow and future upside.
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This could be the first listing for this address.
Data-driven valuation for 51 Mcgee Street, Toronto E01, ON M4M 2L1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
No current listings found in Toronto E01.
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