796 Midland Avenue, Toronto E04, ON

$1,400,000
MLS#:E9047138
9 beds
3 baths
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] multiplex located in the coveted neighborhood of Kennedy Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,400,000 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.

  • 9 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Premium 53 x 130 ft lot size
  • Features a ["apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Separate Hydro Meter
  • equipped with ["none"] central cooling and highly efficient baseboard heating via electric

Calling All Investors! Prime Location Alert! This Detached 3 Unit Multiplex Nestled In Kennedy Park, Positioned At Midland & Eglinton Ave East, Presents A Golden Opportunity For Multi-Residential Investors. Boasting Three Spacious Self-Contained Units, Each Exceeding 1000 Sq. Ft., This Property Is A Rare Gem In The Market. Two Units Feature Both Front & Rear Entrances, While The Third Unit Offers A Rear Balcony. Separate Hydro Meters For Each Unit, This Versatile Property Ensures Ease Of Management. Three Well-Kitchens, Generously Sized Bedrooms, & Ample Natural Light Flooding Through Large Windows. The Open Layout & Property Size Presents Potential For Additional Units, Catering To Various Investment Strategies. Parking Is Abundant With A Garage & Ample Space For Multiple Vehicles. Additional Income Opportunities. Plus, With Public Transit Right At Your Doorstep, Including The LRT Eglinton & Kennedy Line Just A 15-Minute Walk Away, Commuting Around The City Is Effortless. Don't Miss Out On This Exceptional Investment Opportunity In A Prime Location

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Key Features

Bedrooms
9
Bathrooms
3
Kitchens
3
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 4, 2024
Sold price information is available to members only
Listed Date7/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionBrick
Lot Size53 × 130 Feet
CountyToronto
Annual Tax$4,204.19
Legal DescriptionPT LT 7, PL 1697, AS IN SC489153; SCARBOROUGH; CITY OF TORONTO

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["None"]

Features

Property Features

Community Features

Location

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796 Midland Avenue, Toronto E04, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 796 Midland Avenue, Toronto E04, ON M1K 4E7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,120,000
Monthly Mortgage$6,508
Property Tax (Est.)$350
Utilities & Maint.$350
Total Monthly Cost$7,208

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

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No current listings found in Toronto E04.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.