2 Hyde Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Keelesdale-Eglinton West. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $2,150,000 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.
- 7 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 26.35 x 193.74 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: On Demand Water Heater, Separate Heating Controls, Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Profitable and Unheard of 4.25% Cap Rate in Toronto for this 4-Suite Multiplex - Investor Purchase Or Live in One Suite and Let the Other Three Pay Your Mortgage! Turn-key investment in Toronto's rapidly transforming Keelesdale neighbourhood. This fully occupied residential fourplex is ideal for house-hackers or investors seeking immediate cash flow. Property Highlights: Four upgraded units: Three 2-bedroom, 1-bath + one oversized 1-bedroom, 1-bathModern finishes throughout: stainless steel appliances, laminate flooring, upgraded quartz counters & backsplashes. Strong rental income potential: The Four suites generate $8,500+ monthly gross in today's rental market. Separate entrances and low-maintenance ownership. Prime Location:Steps to TTC transit, shops, restaurants. Perfect for quality tenants and future appreciation in this up-and-coming west-end pocket. Whether you want to live in one unit rent-free or add a solid cash-flowing asset to your portfolio, this multiplex delivers and is ready for immediate ownership.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
Interior Features
On Demand Water Heater, Separate Heating Controls, Carpet Free
Security Features
Community Features
Location
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 2 Hyde Avenue, Toronto W03, ON M6M 1J3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,150,000 in Toronto, the legal minimum down payment is $430,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $40,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $40,225 also applies, bringing the total estimated land transfer taxes to $80,450.
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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.
