$2,775,000
FOR SALE

Semi-Detached 3-Storey

Bedrooms: 5+2Bathrooms: 6Lot: 23 x 122.94 ft
2024 Taxes: $12,099

45 Northcote Ave
Toronto, ON M6J 3K2 | Little Portugal

Investors consider buying either 45 and 47 Northcote Ave separately, or buy them both & allow titles of both properties to merge into a legal 8-plex, with existing approval for additional unit, and possibly avoid Canadas foreign buyer ban. This bay & Gable brownstone beauty at #45 Northcote Ave - is a 3-story bay and gable 4-plex with self-contained apartments, including a beautiful 2-bedroom basement apartment, a 3-bedroom main, A large 1-bed, 2nd flr, & another on 3rd. Anchored in the West Queen West area of Toronto - a most desirable lifestyle and real estate investment hub - having the opportunity to purchase 2 side by side homes like this is nearly unheard of in this area. Victorian era brownstone with optimum income for owners who intend to live here or investors maximizing rents and future price appreciation. In 2018 #45 was approved to expand the 3rd floor to a larger footprint. Most visitors comment how great the basement 2 bedroom apartment is, with high ceilings, huge windows wells allowing natural light & a separate entrance through front of house. Spacious modern apartments, all with with own ensuite laundry, separately metered and with own temperature controls. Floors were additionally insulated for sound and thermal. 45 Northcote backs onto a laneway offering access multiple neighbouring coach houses. #45 & #47 could house a coach house of their own. Prefer to keep the backyard as parking? theres room for over 6 cars. #45 & #47 together span 43+ feet of frontage and approximately 123 feet of depth. Current rents lead to top of market CAP rates, with tenants paying own utilities. With already approved expansion plans, financials will surely go up. Beaconsfield Village's Northcote is bookended by dreamy Beaconsfield Avenue with its mid-1800s brownstones and fabulous coach houses, anchored by Queen West's famous Drake Hotel and The Gladstone. Top restaurants, fantastic dessert and coffee shops, and famous bars. Top walk and bike scores.
Extras
Multiple Parking spots at rear, via laneway. All appliances, HVAC equipment included.
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Listed By HARVEY KALLES REAL ESTATE LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C9229816
Last Updated Sep 05, 2024
Property Summary
Property Type Semi-Detached

More like this:
Legal Description PT LT 109, 112 PL 300 TORONTO AS IN CA410409; CITY OF TORONTO
Possession Date tbd
Taxes (2024) $12,099
Directions/Cross Streets Queen St. West @ Northcote Ave
Neighbourhood Little Portugal
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 E
Special Designations Unknown
Bedrooms 5+2
Bathrooms 6
Rooms 17+3
Kitchens 3+1
Lot 23 x 122.94 ft
Approximate Square Footage 3000-3500
Exterior Brick, Other
Elevator N
Air Conditioning Wall Unit
Family Room Y
Fireplace/Stove N
Pool None
Basement Apartment, Sep Entrance
Drive Lane
Garage Spaces 0.0
Garage Type None
Parking Spaces 3
Total Parking Spaces 3.0
Heat Source Electric
Heat Type Radiant
Sewers Sewers
Water Municipal
Seller Property Info Statement N
Rooms
Room Level Dimensions Notes
LivingMain1 m x 1 m (3.28 ft x 3.28 ft)Open Concept, Combined W/Dining
KitchenMain1 m x 1 m (3.28 ft x 3.28 ft)Open Concept, Combined W/Dining, Stainless Steel Appl
BrMain1 m x 1 m (3.28 ft x 3.28 ft)
2nd BrMain1 m x 1 m (3.28 ft x 3.28 ft)
3rd BrMain1 m x 1 m (3.28 ft x 3.28 ft)
Living2nd1 m x 1 m (3.28 ft x 3.28 ft)
Dining2nd1 m x 0 m (3.28 ft x 0 ft)
Kitchen2nd1 m x 1 m (3.28 ft x 3.28 ft)
4th Br2nd1 m x 1 m (3.28 ft x 3.28 ft)
5th Br2nd1 m x 0 m (3.28 ft x 0 ft)
Dining2nd1 m x 1 m (3.28 ft x 3.28 ft)
Family3rd1 m x 1 m (3.28 ft x 3.28 ft)
Bathrooms
Pieces Level
4Main
42nd
43rd
4Bsmt
2

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