$2,575,000
FOR SALE

Semi-Detached 3-Storey

Bedrooms: 6Bathrooms: 4Lot: 19.74 x 122.94 ft
2024 Taxes: $8,548

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

Investors consider buying both 47 Northcote Ave, or 45 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 Canada's foreign buyer ban. This Bay & Gable brownstone beauty at #47 Northcote Ave is a 3-story 4-plex with self-contained apartments, including 2 1-bedroom main flr apartments, a large 2-bed 2nd, a large apartment on 3rd with a massive rooftop deck. 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. Renovated Victorian era brownstone with optimum income for owners who intend to live here or investors maximizing rents and future price appreciation. In 2018 #47 was approved for an additional huge basement apartment. just like the one at #45. Ensuite laundries, separately metered and with own temperature controls. Floors were additionally insulated for sound and thermal. 47 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. Full basement with storage and approvals for another apartment.
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Listed By HARVEY KALLES REAL ESTATE LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C9229906
Last Updated Sep 05, 2024
Property Summary
Property Type Semi-Detached

More like this:
Legal Description PT LT 109 PL 300 TORONTO AS IN CA644450; CITY OF TORONTO.
Possession Date tbd
Taxes (2024) $8,548
Directions/Cross Streets Queen Street 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
Property Features Park, Public Transit, Rec Centre, School
Special Designations Unknown
Bedrooms 6
Bathrooms 4
Rooms 12
Kitchens 4
Lot 19.74 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 Sep Entrance, Unfinished
Drive Lane
Garage Spaces 0.0
Garage Type None
Parking Spaces 3
Total Parking Spaces 3.0
Retirement N
Heat Source Gas
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)4 Pc Bath, Bay Window
BrMain1 m x 1 m (3.28 ft x 3.28 ft)
KitchenMain1 m x 1 m (3.28 ft x 3.28 ft)
Living2nd1 m x -1 m (3.28 ft x -3.28 ft)Open Concept, Combined W/Dining, Combined W/Kitchen
Br2nd1 m x 1 m (3.28 ft x 3.28 ft)
2nd Br2nd1 m x -1 m (3.28 ft x -3.28 ft)
Family3rd1 m x 1 m (3.28 ft x 3.28 ft)4 Pc Bath, Combined W/Kitchen
Bathrooms
Pieces Level
4Main
42nd

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