317 Jones Ave
South Riverdale, Toronto, M4M 3A7
For Sale
Not An Active Listing
3 + 3
BEDROOMS2
BATHROOMS2
KITCHENS12 + 2
ROOMSE8207732
MLSIDContact Us
Property Description
Now with a Vacant Apartment ready for you to Move in or Rent out! This Fully Renovated Duplex in South Riverdale presents a rare investment opportunity. Imagine living in your home and collecting an extra $2,550 per month! Priced such that it cash flows with the current rental income generating over 5% Cap Rate and potentially 6.5% Cap Rate. 2 Eat-In Kitchens, 2 Upgraded Full Baths & 2 Laundries maintenance-free backyard and fully fenced for privacy. Located right in front of TTC stop! 5 min to Pape & Coxwell stations. Beyond the property itself, South Riverdale offers a vibrant diverse community, an array of local amenities, including trendy cafes, Leslieville restaurant row, boutique shops, and green spaces like Greenwood & Monarch Park. Minutes to Leslieville Public School, Riverdale High School & other highly rated schools. 9 min to Riverdale Farm for Family fun & a high walk score of 87! Don't miss this opportunity!
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Extras
Unit 1: S/S Fridge, S/S Stove, S/S OTH Range, Washer & Dryer - Unit 2: S/S Fridge, S/S Stove, S/S OTH Range, Washer, Dryer, Furnace 2017, Roof 2019
Property Features
Beach, Hospital, Park, Public Transit, School, Waterfront
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Property Details
Property Type
Duplex, 2 1/2 Storey
Lot Size
21' x 50'
Fronting
East
Taxes
$3,615 (2023)
Basement
Finished
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 8.92' x 12.86' | Large Window, Laminate |
Kitchen | Main | 8.92' x 11.71' | Stainless Steel Appl, Quartz Counter, Eat-In Kitchen |
2nd Br | Main | 9.48' x 15.16' | Window, Laminate |
Mudroom | Main | 4.82' x 6.00' | Laminate, Window |
Family | 2nd | 10.14' x 10.24' | Window, Laminate, Pot Lights |
Kitchen | 2nd | 6.69' x 10.17' | Stainless Steel Appl, Backsplash, Eat-In Kitchen |
Office | 2nd | 9.45' x 10.24' | Large Window, Laminate, French Doors |
3rd Br | 2nd | 7.84' x 8.04' | Window, Laminate |
Prim Bdrm | 3rd | 17.52' x 18.60' | Window, Closet, Laminate |
Rec | Bsmt | 8.23' x 23.79' | Laminate, Pot Lights, Combined W/Laundry |
4th Br | Bsmt | 8.01' x 9.68' | Window, Closet, Laminate |
5th Br | Bsmt | 9.58' x 9.68' | Closet, Laminate |
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Listing contracted with @{brokerage}
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Now, with a Vacant Apartment ready for you to Move in or Rent out! This Fully Renovated Duplex in South Riverdale presents a rare investment opportunity. Imagine living in your home and collecting an extra $2,550 per month! Priced such that its cash flows with the current rental income generating over 5% Cap Rate and potentially 6.5% Cap Rate. 2 Eat-In Kitchens, 2 Upgraded Full Baths & 2 Laundries, a maintenance-free backyard and a fully fenced for privacy. Located right in front of TTC stop! 5 min to Pape & Coxwell stations. Beyond the property, South Riverdale offers a vibrant, diverse community and an array of local amenities, including trendy cafes, Leslieville restaurant row, boutique shops, and green spaces like Greenwood & Monarch Park. Minutes to Leslieville Public School, Riverdale High School & other highly rated schools. 9 min to Riverdale Farm for Family fun & a high walk score of 87! Don't miss this opportunity!
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