Active

494 Summerhill Ave

Toronto Ontario, M4W 2E5

C$2,700,000


Active

7 Beds

3 Baths

Multi-family

Exquisite legal duplex situated in one of Toronto's most prestigious neighborhoods, Rosedale. This exceptional property boasts three units two legal units currently tenanted on a month-to-month basis, and one non conforming unit, making it perfect for both investment opportunities and personal living. Nestled in the heart of Rosedale, this home offers unparalleled access to vibrant city life while providing a tranquil residential atmosphere. With separate entrances for each unit, this property ensures privacy and independence for all tenants and homeowners alike, accommodating a variety of living arrangements. Generate significant rental income from the two occupied units while enjoying the flexibility of utilizing the vacant unit for yourself or as an additional rental source. Substantial investments in property enhancements ensuring both comfort and efficiency. Entertain in style on the expansive 1300 sq ft rooftop patio.

C9256725

MLS ID

September 18, 2024

Updated

Map

494 Summerhill Ave
Toronto Ontario, M4W 2E5

Interior Features

Bedrooms

7


Total Bathrooms

3


Fireplace

Yes


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Gas

Exterior/Building Features

Lot Size

0.09 Acres


Sewer

Sewers

Other Property Details

Area Name

Rosedale-Moore Park


Taxes

$12,582


Tax Frequency

Annually


Garage

Yes


Garage Spaces

1


Parking

Detached


Parking Total

3


View

No


County

Ontario


Municipality

Toronto


Water Source

Municipal


Pool

No


Pool Features

None

Listing History

Date

Event

Price

8/22/2024

Price change

$2,700,000

-4%

 

Courtesy of Listed by , RE/MAX REALTY SPECIALISTS INC.,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 2:19 AM UTC, 9/18/2024

 

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