49 Jerome Street, Toronto High Park North
- Bedrooms: 9
- Bathrooms: 4
- Type: Residential
- Added: 12 days ago
- Updated: 1 days ago
- Last Checked: 3 hours ago
Welcome to a great investment opportunity nestled in the sought-after family-friendly enclave of High Park North. This legal 4-plex stands out with its recently spruced up curb appeal, offering a blend of classic charm and functionality, with its high ceilings, big windows and attractive floor plan. Set on a tree-lined street in a highly desirable and connected west Toronto pocket, this property is perfectly positioned near a range of amenities, top-rated schools, and vibrant community spots. Currently, three of the units are occupied at strong market rents, while the fourth unit, previously used personally by the sellers, is ready for immediate rental. The entire building has been carefully updated over the years, with significant upgrades including modernized electrical systems, an underpinned basement, a five-year-old roof, and a completely rebuilt front porch and upper deck. Each apartment has also seen thoughtful updates, enhancing both comfort and appeal. Good cap rate of around 5.0%. - ( Bsmt 1Bed 686 sqft | Main flr 3bed 928sqft | 2nd flr 3Bed 867 sqft | 3rd Flr 1bed 752sqft ) Fully underpinned and Waterproofed basement w 8ft ceiling, fully updated electrical.
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Property Details
- Cooling: Window air conditioner
- Heating: Radiant heat, Natural gas
- Stories: 3
- Structure Type: House
- Exterior Features: Brick
Interior Features
- Basement: Apartment in basement, Separate entrance, N/A
- Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Blinds
- Bedrooms Total: 9
Exterior & Lot Features
- Lot Features: Irregular lot size, Lane, Carpet Free, In-Law Suite
- Water Source: Municipal water
- Parking Total: 2
- Building Features: Separate Electricity Meters
- Lot Size Dimensions: 20 x 116 FT
Location & Community
- Directions: Bloor and Dundas
- Common Interest: Freehold
Utilities & Systems
- Sewer: Sanitary sewer
Tax & Legal Information
- Tax Annual Amount: 9949
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