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Alex Skordakis
Sales Representative

Sutton Group Heritage Realty Inc., Brokerage

office:416-798-7278
voice:905-619-9500
cell:416-452-2729
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ABOUT ALEX
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Alex Skordakis
Sales Representative
Phone: 416-798-7278
Cell: 416-452-2729
5 Hilo Road
Toronto,
Ontario M8W1L8Get Driving Directions
Sold
MLS®
StatusSold
AreaLong Branch
Major intersectionLakeshore & Fortieth
Property typeResidential
Bedrooms6
Baths3
Home styleDetached
Parking spaces10
Exterior finishBrick
Lot size50' x 120'
Description
This is a Rare Opportunity to Acquire a Legal Duplex with a Basement Apartment on a 50 x 120 Lot that is Located in a Premium Long Branch Neighbourhood

3 Large Apartments All Separately Metered for Hydro

Basement Apartment (apx 950 sq.ft.) in good condition. Spacious 1-Bedroom Unit with Large Eat-in Kitchen, Living & Dining Room, 1 Bathroom

Main Floor Apartment (apx 1200 sq.ft) in good condition. Spacious 2-Bedroom Unit with Large Eat-in Kitchen, Living & Dining Room, Walk-out to Balcony, 1 Bathroom

Second Floor Apartment (apx 1200 sq.ft.) in good condition. Spacious 3-Bedroom Unit with Large Eat-In Kitchen, Living Room, Walk-out to Balcony, 1 Bathroom

1 Common Laundry Room on the Basement Level
2 Staircases (main front entrance & second side entrance)

All Tenancies are Currently on Month-to-Month

Existing Tenants for 5-10 Years

Gross Annual Rental Income $43,080.00
2015 Expenses $10,904.39
Net Annual Income $32,175.61

Property is in Good Solid Overall Condition

South-Facing Lot

Lake Ontario & Marie Curtis Park is 1 Block Away!

Upgrades, Improvements & Extras:
New Roof & Attic Insulation (2014)
Eves & Soffits (2007)
Windows & Balcony Doors Replaced (2007)
Fencing Replaced (2010 & 2013)
High Efficiency Furnace (2014)
Hot Water on Demand (2014)
3 Refrigerators & 3 Stoves in Good Condition
1 Washer & 1 Dryer in Good Condition
4 Separate Hydro Meters
Survey Available

Large Lot with Parking for Up to 10 Vehicles

A Very-Well Maintained Property in a High Demand Location

Steps To TTC, Go Transit, Lake, Schools, Parks, Libraries, Shopping Centers & All Amenities
Home Features
Balcony
Fenced Yard
Garden Shed
Full Basement
Washer
Dryer
Fridge
Stove
Hardwood Floors
Gas Heat
Listing Provided By:
Sutton Group Heritage Realty Inc., Brokerage
Disclosure Statement:
Trademarks owned or controlled by The Canadian Real Estate Association. Used under license. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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5 Hilo Road, Toronto, Ontario M8W1L8
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