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Listed by Babiak Team Real Estate Brokerage Ltd..
247-249 High Park Avenue is a Multiplex, 2-Storey and is currently for Sale @ $2,498,000. Taxes in 2024 were $15,764.97.
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Welcome to this sought-after, purpose-built 6-plex on an expansive property in the heart of Junction/High Park! Its a remarkable opportunity for investors, those exploring live/rent options, individuals considering co-ownership arrangements, or families seeking multi-generational living. The 2-Storey on 247-249 High Park Avenue has 4 bedrooms, 6 bathrooms, and is located on a 200.00 x 51.00 ft lot in the community of Junction Area . Key Features: A spacious 4,800 square feet of living space over three levels | Impressive lot measuring 50' x 200' (irregular at rear) | Private drive with double garage | One vacant unit available; remaining units are month to month | Potential to add multiple units and a garden suite | See development potential report in attachments | Current Property Condition Assessment is available. This ideal city property is located on a desirable tree-lined street just a short walk to High Park, the subway and the fabulous boutiques, bakeries, specialty food stores, coffee shops and restaurants in the Junction! Annual Gross Income* - $91,521 Annual Expenses* - $27,441 Net operating Income* - $64,080 *includes estimated income for vacant unit & estimated expenses. (buyer to complete due diligence).
Financials, Garden suite report, Property Condition Assessment & Floor Plans avail. Offers Welcome Anytime with 48 hours irrev.
The address 247-249 High Park Avenue was listed for sale (MLS# W10431388) on Tuesday, November 19, 2024.