Welcome to this remarkable ["2-Storey"] semi-detached located in the coveted neighborhood of Rustic. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,100,000 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.
This well-maintained and renovated (2022) three-unit property in the sought-after Rustic/Maple Leaf/Oakdale - Beverly Heights neighborhood offers a rare turnkey investment opportunity with a strong 8.5%+ cap rate. Featuring three well-managed units, the property has undergone extensive upgrades, including new kitchens and new baths, a new main-floor addition at the rear, a 200 AMP electrical panel, and a 1-inch water supply. Structural and exterior improvements include a new roof, new weeping tile in the front, new concrete slab at the front entry, a new sewer line with backflow preventer, and fresh driveway sealant. A brand-new furnace and new power-vented hot water tank (owned) ensuring energy efficiency. New flooring throughout all three floors of the house and freshly painted. Concrete patio slabs in the rear. This prime location provides easy access to shopping, transit, parks, and major highways(401/400/Black Creek), as well as to the Jane and Wilson Shopping Mall. With an estimated annual rental income of $104,000 and the possibility of full vacant possession, this property is ideal for investors or owner-occupiers looking for a high-yield, move-in-ready opportunity.
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Data-driven valuation for 33 Falstaff Avenue, Toronto W04, ON M6L 2C6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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