$1,830,000
FOR SALE

Detached 3-Storey

Bedrooms: 8+1Bathrooms: 4Lot: 20 x 116 ft
2024 Taxes: $9,949

49 Jerome St
Toronto, ON M6P 1H8 | High Park North

Welcome to a great investment opportunity nestled in the sought-after family-friendly enclave of High Park North. This legal 4-plex stands out with its recently spruced up curb appeal, offering a blend of classic charm and functionality, with its high ceilings, big windows and attractive floor plan. Set on a tree-lined street in a highly desirable and connected west Toronto pocket, this property is perfectly positioned near a range of amenities, top-rated schools, and vibrant community spots. Currently, three of the units are occupied at strong market rents, while the fourth unit, previously used personally by the sellers, is ready for immediate rental. The entire building has been carefully updated over the years, with significant upgrades including modernized electrical systems, an underpinned basement, a five-year-old roof, and a completely rebuilt front porch and upper deck. Each apartment has also seen thoughtful updates, enhancing both comfort and appeal. Good cap rate of around 5.0%. - { Bsmt 1Bed 686 sqft | Main flr 3bed 928sqft | 2nd flr 3Bed 867 sqft | 3rd Flr 1bed 752sqft } Fully underpinned and Waterproofed basement w 8ft ceiling, fully updated electrical.
Extras
Set showing times: Monday, Wednesday & Friday - between 3pm-7pm & Saturday 11-5pm with 6 hrs notice.
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Listed By SAGE REAL ESTATE LIMITED
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W9303648
Last Updated Sep 26, 2024
Property Summary
Property Type Detached

More like this:
PIN 213540198
Legal Description PT LT 22-23 PL 659 NORTH WEST ANNEX AS IN CA573878; S/T & T/W CA573878; CITY OF TORONTO
Possession Date 30/tbd
Taxes (2024) $9,949
Directions/Cross Streets Bloor and Dundas
Neighbourhood High Park North
Area Toronto
Price History

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Detailed Information
Fronting On S
Link N
Special Designations Unknown
Bedrooms 8+1
Bathrooms 4
Rooms 15+1
Kitchens 3+1
Lot 20 x 116 ft
Approximate Square Footage 2500-3000
Approximate Age 100+
Exterior Brick
Air Conditioning Window Unit
Family Room N
Fireplace/Stove N
Pool None
Laundry Level Lower
Basement Apartment, Sep Entrance
Drive Lane
Garage Spaces 0.0
Garage Type None
Parking Spaces 2
Total Parking Spaces 2.0
Heat Source Gas
Heat Type Radiant
Sewers Sewers
Water Municipal
Seller Property Info Statement N
Bathrooms
Pieces Level
43rd
42nd
4Main
4Bsmt

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