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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.