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4 Casci Avenue in Toronto for sale

Asking price
$1,575,000
Estimate (Sep 23)
$1,690,093
MLS #:
E9363974
Type:
Semi-Detached, 2-Storey
Approx. SQFT:
2500-3000
Basement:
Apartment, Fin W/O
4+2 4+2
28.90 x 114.00 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Sld Jan 17, 2011 $525,000

Listed by Re/Max Ultimate Realty Inc..

4 Casci Avenue is a Semi-Detached, 2-Storey and is currently for Sale @ $1,575,000. Taxes in 2024 were $7,160.05.

More homes for sale under 1.6M in Toronto

Ready for an investment that's got both style and cash? Nestled on a peaceful cul-de-sac in the Upper Beaches, this 3-unit property is more than just eye candy - it's a moneymaker. The 2-Storey on 4 Casci Avenue has 4 bedrooms, 3 bathrooms, and is located on a 114.00 x 28.90 ft loton < .50 acres in the community of Woodbine Corridor . Altogether, the property pulls in an impressive $8,400 per month in rent across its three units, including a sweet, loft-style basement apartment. Smart investors will recognize the goldmine here, with 4 parking spots and the added potential for a laneway suite, offering even more opportunity for future value and income growth. Renovated from top to bottom in 2011 with over $300K in upgrades, all done with proper permits, this property is registered with the City of Toronto as a legal 3-unit dwelling. Each unit boasts 2 spacious bedrooms, ensuite laundry, and fully equipped modern kitchens. And here's the kicker: with 2 of the 3 units currently vacant, the cap rate stands at 5.76% with positive cash flow - a rare find in Toronto's competitive market! But wait, there's more: if the 3rd unit were also brought to market rent, the cap rate would jump to an impressive 6.19% - wowzers! Since the main floor and basement are completely vacant, you can either move in yourself or rent them out at market value. Plus, all three units come with private decks, perfect for those chill moments or hosting guests. Whether you're looking for a turnkey investment or a stunning home with rental income, this one has it all. Act fast, because this gem won't last!

Lots of features to be highlighted - see attached cash flow analysis, feature sheet along with the floor plans, virtual tour and walk through video!

The address 4 Casci Avenue was listed for sale (MLS# E9363974) on Monday, September 23, 2024.

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  • Date Listed: Monday, September 23, 2024
  • Listing Brokerage: Re/Max Ultimate Realty Inc. - Disclaimer: The information contained in this listing has not been verified by Re/Max Ultimate Realty Inc. and should be verified by the buyer.
  • Virtual Tour: View Virtual Tour for 4 Casci Avenue
  • City: Toronto

    More 4 bedrooms homes for sale in Toronto

  • Neighbourhood: Woodbine Corridor
  • Major Intersection: Coxwell & Gerrard
  • Full Address: 4 Casci Avenue, Toronto, M4L 2K3, ON, Canada
  • Living Room: Hardwood Floor, Open Concept, Large Window
  • Kitchen: Tile Floor, Granite Counter, Window
  • Living Room: Hardwood Floor, Large Window, Open Concept
  • Kitchen: Tile Floor, Granite Counter, Window
  • Living Room: Concrete Floor, Open Concept, Pot Lights
  • Kitchen: Concrete Floor, Open Concept, Pot Lights
  • Amenities:
  • Taxes: $7,160.05 (2024)
Living12 x 15 ft180 sq ft
Dining9 x 8 ft72 sq ft
Kitchen9 x 8 ft72 sq ft
Prim Bdrm13 x 9 ft117 sq ft
2nd Br9 x 10 ft90 sq ft
Living12 x 15 ft180 sq ft
Dining9 x 8 ft72 sq ft
Kitchen9 x 8 ft72 sq ft
2nd Br13 x 9 ft117 sq ft
Living11 x 14 ft154 sq ft
Kitchen9 x 12 ft108 sq ft
Prim Bdrm8 x 17 ft136 sq ft

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