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Renanza Realty
For sale

257 CONCORD AVENUE

Toronto (Palmerston-Little Italy), Ontario

MLS® C12611292

$1,495,000

Status
Active
Property type
House
MLS® number
C12611292
Bedrooms
6
Bathrooms
2
Year built

Listing description

Home with Two Apt Units: Apt 2 Second/Third Floor renovations have finally been completed (4 months long). Now, rented on a lease for $3,600/month plus hydro. Tens of thousands of dollars have been spent upgrading this apartment.

Apt 1: Tenants on Month-to-Month, former Owners' apt, open-concept main-floor, renovated kitchen with stainless steel appliances, marble counter and many other upgrades. Can be used as a 2 or 3-Bdrm apartment. Apt 2: is a 3-bedroom apt.

Mechanically sound home, but we will let your Home inspector verify this. Possibilities abound: live in one unit and use the $3,600/month to help pay the mortgage, or assume both Tenants, or maybe in the future you want to convert back to a very large single-family home with still a potential basement ensuite. Parking from the laneway, 2 spots depending on vehicle size.

This home is very close to the Ossington Subway station and multiple transit options. Fenced-in backyard with a shed included. This owner has pride of ownership and has made multiple renovations over the years.

Since 2022, to name a few, new electrical completed with permits, new furnace, new central air conditioning, hot water tank owned, new electrical panel, new flooring, new drywall and plaster walls and ceilings, new paint, new drains and basement flooring, new full-sized stainless steel refrigerator, new stainless steel induction stove and oven on the second floor. A complete renovation of the main floor and basement some years ago. As per Apt 1 tenant's request and respect for tenant's privacy, no interior photos are posted.

Showings are available by appointment with appropriate notice. The seller is confident about the property and its condition; there might be a possible discussion for some Seller-assisted financing.

Property summary

MLS® number
C12611292
Property type
Single Family
Building type
House
Title
Freehold
Land size
15 x 128 FT
Annual property taxes
$8,559.00
Parking
2 spaces · No Garage
Days on market
269 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, N/A
Flooring
Hardwood
Appliances
Washer, Refrigerator, Dishwasher, Stove, Oven, Dryer, Microwave, Water Heater
Exterior features
Brick
Lot features
Level lot, Lane, Carpet Free

What would this home cost you?

Based on the $1,495,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,956 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of BOUTIQUE REAL ESTATE CORPORATION, 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.