122 Parkmount Rd

For Sale
15.23 BTC
122 Parkmount Rd, Toronto
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
122 Parkmount Rd
4 + 1
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
9 + 4
ROOMS
E8300978
MLSID
Contact Us
Property Description
Live in one unit and rent the other two! Welcome to this stunning property nestled on a tranquil, tree-lined residential street, perfectly positioned between Danforth and Monarch Park. This impeccably crafted 3-unit home offers a gross rent of $7450/month, presenting a lucrative income stream for savvy investors or end-users who wish to live in one of the units and rent out the others. Fully renovated in 2017 with over $400K in renovations, each unit features separate entrances, ensuite laundry, and their own heating and cooling systems. With a projected CAP rate of 5.87% and positive cash flow, this property represents a rare find in Toronto's competitive real estate market. The main floor unit and basement unit are currently vacant, offering flexibility for new owners to either move in or rent out at market rates. The second-floor unit boasts vaulted ceilings in the bedroom and bathroom, adding a touch of grandeur, while both the second-floor and main floor units feature inviting decks, perfect for relaxing or entertaining. Whether you're seeking a turnkey investment property or a stunning residence with income potential, this opportunity offers the best of both worlds.
Extras
Enjoy easy access to amenities & transportation options. The proximity to Coxwell Station makes commuting a breeze, with a mere 9-min walk. 1 designated parking spot at the rear of the property.
Nearby Intersections
Property Features
Hospital, Public Transit, Rec Centre, School
Property Details
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
18' x 100'
Acreage
< .50
Fronting
West
Taxes
$5,124 (2023)
Basement
Apartment, Sep Entrance
Exterior
Brick, Metal/Side
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
1
Driveway
Mutual
Garage Type
None
Room Summary
RoomLevelSizeFeatures
Kitchen2nd12.83' x 6.27'Modern Kitchen, Renovated, Quartz Counter
Living2nd11.58' x 12.83'Beamed, Open Concept, W/O To Deck
Br2nd7.41' x 10.33'Double Closet, Vaulted Ceiling, Large Closet
2nd Br2nd7.35' x 7.74'Laminate, Large Window, Double Closet
KitchenMain15.32' x 6.00'Modern Kitchen, Quartz Counter, Open Concept
LivingMain12.34' x 12.17'Open Concept, Beamed, Renovated
3rd BrMain10.50' x 8.50'Vaulted Ceiling, Large Window, Laminate
4th BrMain8.66' x 6.43'Large Window, Double Closet, Laminate
KitchenBsmt11.91' x 11.91'Modern Kitchen, Quartz Counter, Renovated
LivingBsmt8.66' x 11.58'Laminate, Open Concept, Renovated
5th BrBsmt7.58' x 10.07'Laminate, Window, Double Closet
Listing contracted with Re/Max Ultimate Realty Inc.
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