Located on a quiet, tree-lined street in Toronto's highly desirable west end Junction, this well-maintained, 2.5 storey semi-detached home, features four self contained apartments. The spacious main floor apartment, over 900 sq ft, boasts high ceilings, ensuite laundry and a walkout to a back deck and garden. The second floor apartment, equally spacious, offers a cozy gas fireplace, ensuite laundry and a western facing walk-out deck. The third floor apartment looks out onto it's own deck overlooking the tranquil backyard. The basement apartment with ceiling height of over 6'10", has it's own private entrance. The property has laneway access to a large, detached, 2 car concrete block garage. There is exciting potential to build a laneway home in accordance with Toronto city by-laws for additional income. Lanescape Property Report is attached. The property is conveniently located to public transit, desirable schools and trendy Junction shops and restaurants. For avid walkers, cyclists and nature lovers, High Park is a short walk away. With exceptional tenants and immediate cash flow, this property is a great opportunity for investors or an Owner-Operator Landlord. The third floor can be left empty upon closing for the new owner to reside. Financial information is attached. Tenants pay their own hydro. New roof 2014.
Address
203 Fairview Avenue
List Price
$1,349,000
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Toronto W02
Sub-Area
Junction Area
Region
Toronto
Lot Depth
120
Lot Type
Lot
Lot Size Units
Feet
Lot Width
24.83
Parcel Number
213610065
Total Building Area
2512
Occupant Type
Tenant
Cross Street
Annette & Runnymede
MLS® Number
W13866630
Listing Brokerage
FREEMAN REAL ESTATE LTD.
Postal Code
M6P 3A6
Posession Details
Flexible
Tax Amount
$7,465.46
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Double Detached
Tax Legal Description
PT LT 25 PL 814 WEST TORONTO JUNCTION AS IN CA659043; CITY OF TORONTO
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