16 Fennings Street

Toronto, ONAttached
$1,999,999
MLS® C13795598
Attached6 beds5 baths4 total
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About This Property

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! (id:63604)

Key Facts

Type
Attached
Beds
6
Baths
5
Size
3,500 sqft
Lot
25 x 130.7 FT
Parking
4 total

Highlights

  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Range
  • Dryer
  • Microwave
  • Window Coverings
Property Details 17 details
Bedrooms
6 bedrooms
6 above grade
Bathrooms
5 bathrooms
1 partial
Parking
4 parking spaces
No Garage
Living area
3,500 - 5,000 sq. ft.
Property
Single Family · Freehold · Attached
Property subtype
Single Family
Structure type
House
Ownership
Freehold
Attached status
Attached
Storeys
2.50
Basement
Finished, Separate entrance, Walk-up
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
Yes
Lot dimensions
25 x 130.7 FT
Frontage
25 feet
Taxes
$8,087.46
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorDishwasherStoveRangeDryerMicrowaveWindow Coverings

Exterior features

BrickConcrete

Lot and water

Sump Pump

Virtual Tour & Media

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Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$1,999,999
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Trinity-Bellwoods
City
Toronto
Postal code
M6J 3B8
Nearby
Queen St & Ossington Ave
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