$1,575,000
FOR SALE

Semi-Detached 2-Storey

Bedrooms: 4+2Bathrooms: 3Lot: 28.9 x 114 ft
2024 Taxes: $7,160.05

4 Casci Ave
Toronto, ON M4L 2K3 | Woodbine Corridor

Ready for an investment that's got both style and cash? Nestled on a peaceful cul-de-sac in the Upper Beaches, this 3-unit property is more than just eye candy - it's a moneymaker. Altogether, the property pulls in an impressive $8,400 per month in rent across its three units, including a sweet, loft-style basement apartment. Smart investors will recognize the goldmine here, with 4 parking spots and the added potential for a laneway suite, offering even more opportunity for future value and income growth. Renovated from top to bottom in 2011 with over $300K in upgrades, all done with proper permits, this property is registered with the City of Toronto as a legal 3-unit dwelling. Each unit boasts 2 spacious bedrooms, ensuite laundry, and fully equipped modern kitchens. And here's the kicker: with 2 of the 3 units currently vacant, the cap rate stands at 5.76% with positive cash flow - a rare find in Toronto's competitive market! But wait, there's more: if the 3rd unit were also brought to market rent, the cap rate would jump to an impressive 6.19% - wowzers! Since the main floor and basement are completely vacant, you can either move in yourself or rent them out at market value. Plus, all three units come with private decks, perfect for those chill moments or hosting guests. Whether you're looking for a turnkey investment or a stunning home with rental income, this one has it all. Act fast, because this gem won't last!
Extras
Lots of features to be highlighted - see attached cash flow analysis, feature sheet along with the floor plans, virtual tour and walk through video! Public Open House this weekend Sat/Sun Sept. 28-29th from 2-4pm.
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Listed By RE/MAX ULTIMATE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E9363974
Last Updated Sep 25, 2024
Property Summary
Property Type Semi-Detached

More like this:
PIN 210270256
Legal Description PT BLK A PL 615E TORONTO AS IN CA673607; CITY OF TORONTO
Parcel of Tied Land N
Possession Date TBD
Taxes (2024) $7,160.05
Directions/Cross Streets Coxwell & Gerrard
Neighbourhood Woodbine Corridor
Area Toronto
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Fronting On N
Property Features Cul De Sac, Park, Public Transit, School
Waterfront None
Special Designations Unknown
Bedrooms 4+2
Bathrooms 3
Rooms 10+4
Kitchens 2+1
Lot 28.9 x 114 ft
Acreage <.50
Approximate Square Footage 2500-3000
Approximate Age 51-99
Exterior Brick
Elevator N
Air Conditioning Central Air
Family Room N
Fireplace/Stove N
Pool None
Basement Apartment, Fin W/O
Drive Lane
Garage Spaces 0.0
Garage Type None
Parking Spaces 4
Total Parking Spaces 4.0
Heat Source Gas
Heat Type Forced Air
Sewers Sewers
Water Municipal
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
LivingMain3.71 m x 4.45 m (12.17 ft x 14.6 ft)Hardwood Floor, Open Concept, Large Window
DiningMain2.87 m x 2.49 m (9.42 ft x 8.17 ft)Hardwood Floor, Open Concept, Combined W/Living
KitchenMain2.79 m x 2.39 m (9.15 ft x 7.84 ft)Tile Floor, Granite Counter, Window
Prim BdrmMain4.06 m x 2.79 m (13.32 ft x 9.15 ft)Hardwood Floor, Closet, Window
2nd BrMain2.77 m x 3 m (9.09 ft x 9.84 ft)Hardwood Floor, Overlook Patio, Closet
Living2nd3.71 m x 4.45 m (12.17 ft x 14.6 ft)Hardwood Floor, Large Window, Open Concept
Dining2nd2.87 m x 2.49 m (9.42 ft x 8.17 ft)Hardwood Floor, Open Concept, Combined W/Living
Kitchen2nd2.79 m x 2.39 m (9.15 ft x 7.84 ft)Tile Floor, Granite Counter, Window
2nd Br2nd4.06 m x 2.79 m (13.32 ft x 9.15 ft)Hardwood Floor, Closet, W/O To Deck
LivingBsmt3.4 m x 4.34 m (11.15 ft x 14.24 ft)Concrete Floor, Open Concept, Pot Lights
KitchenBsmt2.69 m x 3.81 m (8.83 ft x 12.5 ft)Concrete Floor, Open Concept, Pot Lights
Prim BdrmBsmt2.34 m x 5.11 m (7.68 ft x 16.77 ft)Pot Lights, Semi Ensuite, Large Closet
Bathrooms
Pieces Level
42nd
4Main
4Bsmt

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