122 Parkmount Road – Toronto, Ontario
For Sale — $1,390,000
Live in one unit and rent the other two! Welcome to this stunning property nestled on a tranquil, tree-lined residential street, perfectly positioned between Danforth and Monarch Park. This impeccably crafted 3-unit home offers a gross rent of $7450/month, presenting a lucrative income stream for savvy investors or end-users who wish to live in one of the units and rent out the others. Fully renovated in 2017 with over $400K in renovations, each unit features separate entrances, ensuite laundry, and their own heating and cooling systems. With a projected CAP rate of 5.87% and positive cash flow, this property represents a rare find in Toronto's competitive real estate market. The main floor unit and basement unit are currently vacant, offering flexibility for new owners to either move in or rent out at market rates. The second-floor unit boasts vaulted ceilings in the bedroom and bathroom, adding a touch of grandeur, while both the second-floor and main floor units feature inviting decks, perfect for relaxing or entertaining. Whether you're seeking a turnkey investment property or a stunning residence with income potential, this opportunity offers the best of both worlds. **** EXTRAS **** Enjoy easy access to amenities & transportation options. The proximity to Coxwell Station makes commuting a breeze, with a mere 9-min walk. 1 designated parking spot at the rear of the property.
Details
2-Storey — Brick, Metal/Side
18.33x100 Feet
E8300978
Property
122 Parkmount RoadToronto, Ontario, Canada
2-Storey
Brick, Metal/Side
18.33x100 Feet
E8300978
Listing provided by
RE/MAX Ultimate Realty Inc.
May 3, 2024
May 3, 2024
Financial
For Sale$1,390,000
$5,124 (2023)
Utilities
NoElectric
Heat Pump
Municipal
Sewers
Rooms
4+13
9+4
Apartment, Sep Entrance
Parking
1.0Mutual
None
✓ Elementary Schools
✓ Secondary Schools
✓ Day Care
✓ Hospitals
✓ Doctors
✓ Dentists
✓ Veterinarians
✓ Pharmacies
✓ Cinemas
✓ Restaurants
✓ Grocery Stores
✓ Liquor, Beer & Wine
✓ Fitness
✓ Pools
✓ Tennis Courts
✓ Ice Rinks
✓ Salon / Spa
✓ Banks
✓ Dry Cleaners
✓ Car Wash
✓ Attractions
✓ Places of Worship
✓ Medical Clinics
✓ Recreation Centres
✓ Secondary Schools
✓ Day Care
✓ Hospitals
✓ Doctors
✓ Dentists
✓ Veterinarians
✓ Pharmacies
✓ Cinemas
✓ Restaurants
✓ Grocery Stores
✓ Liquor, Beer & Wine
✓ Fitness
✓ Pools
✓ Tennis Courts
✓ Ice Rinks
✓ Salon / Spa
✓ Banks
✓ Dry Cleaners
✓ Car Wash
✓ Attractions
✓ Places of Worship
✓ Medical Clinics
✓ Recreation Centres
Rooms
4+1
3
9+4
| Floor | Rooms | Dimensions | Description |
|---|---|---|---|
| Bsmt | Bathroom | — | 1x3-piece |
| Main | Bathroom | — | 1x3-piece |
| 2nd | Bathroom | — | 1x5-piece |
| Bsmt | 5th Br | 3.07 x 2.31 | Laminate,Window,Double Closet |
| Bsmt | Living | 3.53 x 2.64 | Laminate,Open Concept,Renovated |
| Bsmt | Kitchen | 3.63 x 3.63 | Modern Kitchen,Quartz Counter,Renovated |
| Main | 4th Br | 1.96 x 2.64 | Large Window,Double Closet,Laminate |
| Main | 3rd Br | 2.59 x 3.20 | Vaulted Ceiling,Large Window,Laminate |
| Main | Living | 3.71 x 3.76 | Open Concept,Beamed,Renovated |
| Main | Kitchen | 1.83 x 4.67 | Modern Kitchen,Quartz Counter,Open Concept |
| 2nd | 2nd Br | 2.36 x 2.24 | Laminate,Large Window,Double Closet |
| 2nd | Br | 3.15 x 2.26 | Double Closet,Vaulted Ceiling,Large Closet |
| 2nd | Living | 3.91 x 3.53 | Beamed,Open Concept,W/O To Deck |
| 2nd | Kitchen | 1.91 x 3.91 | Modern Kitchen,Renovated,Quartz Counter |
Similar Properties
Toronto
$1,340,000– $1,440,000
House
4+
2+
Terms and Conditions
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Close
Register
Log in
Mortgage calculator
