16 Fennings Street, Toronto (Trinity-Bellwoods), ON M6J 3B8
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Listing Type
Single Family
Listing Status
Active
36
$1,599,000
Home Details for 16 Fennings Street
Price
$1,599,000
Type
Residential
Bedrooms
6
Total Bathrooms
5
Basement
Sump Pump, Finished, Walk-Up Access
Listing #
C13795598
Property Description
Power of Sale Opportunity! Renovated semi detached property featuring 3 separate units with the potential to generate approximately $10,000/month in gross rental income when fully leased. The front unit is currently rented at $4,200/mo while the two additional units are vacant and recently renovated. Perfect for investors seeking strong rental income or end users looking to live in one unit while collecting rental income from the other two, helping significantly offset mortgage and carrying costs. Further upside with the potential to build a laneway home with 2 additional units subject to approvals and due diligence. Located in an excellent, highly desirable area within walking distance to vibrant neighbourhood amenities, restaurants, cafes, shopping, transit and more. A rare opportunity combining strong income potential, flexible living options and addition of potential laneway units increasing future value and upside! (id:31684)
Property Features
Basement
Sump Pump
Finished
Walk-Up Access
Heating Information
Forced Air
Natural Gas
Cooling Information
Central Air
Water Features
Public
Parking
No Garage
Listing Courtesy: ROYAL LEPAGE TERREQUITY REALTY
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