Toronto W03, ON M6E 4R1,385 McRoberts AVE
Toronto W03, ON M6E 4R1,385 McRoberts AVE
Toronto W03, ON M6E 4R1,385 McRoberts AVE
33
$829,000
$799,800
3.7%
Est.Price: ?

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3 BD
3 BA

385 McRoberts AVE Toronto W03, ON M6E 4R1

Est. payment /mo
SOLD DATE : 10/30/2023

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Key Details

Sold Price $829,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Caledonia-Fairbank

MLS Listing ID W7030484

Style 2-Storey

Bedrooms 3

Building Age 100+

Annual Tax Amount $3,504

Tax Year 2023

Property Sub-Type Duplex

Property Description

Attention investors / contractors looking to add to their portfolio. Rarely offered
vacant duplex which had been operating as a triplex since 2008. High demand area close to
transit, schools and parks with only 4-months of total vacancy in the last 15-years. The
property has been cleaned to the studs after a fire in June and presents a blank canvas
to build inside and increase rents. Fantastic 2022 Numbers pre-fire: Rent: $42,675,
Property taxes: $3,324, Hydro: $1989, Gas: $1437, Water: $5724, Insurance: $873,
Maintenance: $1841. Total expenses: $15,188, Profit: $27,487. Separate detached 2-car
garage provides an additional source of rent as it comes with a 240v subpanel for a
potential Tesla supercharger. Includes stainless steel appliances - 2 fridges, 2 stoves,
2 new dishwashers, A/C window unit. Offers being accepted on Tuesday, Oct. 3rd.

Location

Province ON

County Toronto

Community Caledonia-Fairbank

Area Toronto

Zoning RM

Rooms

Family Room Yes

Kitchen 3

Interior

Cooling Central Air

Exterior

Parking Features Available

Garage Spaces 2.0

Pool None

Read Less


Listed by ROYAL LEPAGE SIGNATURE REALTY

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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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