Toronto E01, ON M4K 1A6,200 Simpson AVE
Toronto E01, ON M4K 1A6,200 Simpson AVE
Toronto E01, ON M4K 1A6,200 Simpson AVE
Toronto E01, ON M4K 1A6,200 Simpson AVE
Toronto E01, ON M4K 1A6,200 Simpson AVE
Toronto E01, ON M4K 1A6,200 Simpson AVE
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$1,199,000

$1,199,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5 Beds

2 Baths


SOLD DATE : 01/25/2025

Key Details

Sold Price $1,199,000

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Sold

Purchase Type For Sale

Subdivision North Riverdale

MLS Listing ID E11937168

Sold Date 01/25/25

Style 2-Storey

Bedrooms 5

Annual Tax Amount $5,715

Tax Year 2024

Property Sub-Type Semi-Detached

Property Description

This Prime Riverdale renovated duplex presents a fantastic opportunity for those interested in a live/rent arrangement or for investors seeking to generate substantial rental income. The property is currently configured as two separate units. The main floor and basement form a spacious 2-bedroom unit, which is currently vacant, offering immediate occupancy or rental potential. The second floor features a 1-bedroom unit with a reliable AAA tenant who is eager to continue renting(Currently pays $2300 mo plus utilities) The versatility of this duplex is one of its standout features. It can easily be converted back into a single-family 3-bedroom home with a finished high basement, catering to growing families or those who prefer more living space. Additionally, the property boasts parking for two cars and includes two separate walkouts, enhancing its convenience and accessibility. Situated in the vibrant east end community of Riverdale, the location is steps away from a variety of amenities, making it highly desirable. The home is bathed in natural light, creating a warm and inviting atmosphere throughout. This property is truly a turnkey investment, offering immediate value and potential for future growth.

Location

Province ON

County Toronto

Community North Riverdale

Area Toronto

Rooms

Family Room No

Basement Finished

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Carpet Free

Cooling Central Air

Exterior

Parking Features Lane

Pool None

Roof Type Asphalt Shingle

Lot Frontage 16.17

Lot Depth 98.0

Total Parking Spaces 2

Building

Foundation Other

Others

ParcelsYN No

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Listed by RE/MAX HALLMARK REALTY LTD.
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4711 Yonge St 10th floor, Toronto, ON, M2N6K8, CAN

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