16 FENNINGS STREET
Toronto (Trinity-Bellwoods), Ontario
MLS® C13795598
$1,999,999
- Status
- Active
- Property type
- House
- MLS® number
- C13795598
- Bedrooms
- 6
- Bathrooms
- 5
- Year built
- —
Listing description
Power of Sale Opportunity! Rare 25 ft wide renovated semi detached property featuring 3 separate units with the potential to generate approx $120,000 in gross annual rental income when fully leased. The front unit is currently leased while the two additional units are vacant and recently renovated.
Perfect for investors seeking strong rental income or end users looking to live in one unit while collecting rental income from the other two helping significantly offset mortgage and carrying costs. Further upside with the potential to build a laneway home with 2 additional units subject to approvals and due diligence. Located in an excellent, highly desirable area within walking distance to vibrant neighbourhood amenities, restaurants, cafes, shopping, transit and more.
A rare opportunity combining strong income potential, flexible living options and addition of potential laneway units increasing future value and upside!
Property summary
- MLS® number
- C13795598
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 25 x 130.7 FT
- Annual property taxes
- $8,087.46
- Parking
- 4 spaces · No Garage
- Days on market
- 11 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Separate entrance, Walk-up, N/A, N/A, N/A
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Microwave, Window Coverings
- Exterior features
- Brick
- Lot features
- Sump Pump
What would this home cost you?
Based on the $1,999,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.