Toronto Real Estate

12 Ashland Avenue

$2,500,000

5+2-Bed

5-Bath

Listed on 10/9/24

Come live in this 5+2-bed, 5-bath Home

Listed by REAL ESTATE HOMEWARD

Investors, Here it is ,12 Ashland. One of the best investment properties in the beach area. This income property is a legal 4-plex with a coach house apartment for extra income. Current owner has done hundreds of thousands of dollars of improvements over the years of ownership. This property is turn key ready to go. It is fully tenanted and has positive cash flow every month. Looking to get into the housing market? . 4 apartments in the main house. Basement fully renovated 2 bdr apartment, Main floor fully renovated 2 bdr apartment, Second floor fully renovated 1 bdr apartment, Third floor 1 bdr apartment, Coach house fully renovated 1 bdr apartment with wood burning fireplace. There are two garage parking spaces in the back and a third garage/storage bay. Parking for an additional car or scooters behind the house. Beautiful wrap around porch on the main level. Two huge sundecks on the second level. one small deck on the third level. One small landing on the coach house and and beautiful front lawn give all apartments some outdoor space. Located steps from transit, Woodbine Park & beach, Queen street shops and restaurants, and all the summertime concerts and festivals ,makes this property highly sought after and a breeze to keep fully tenanted. Current owner is now looking to retire which is the only reason this great opportunity has come on the market.

Extras

Heat pumps in Coach house, basement, main floor, second floor apartments. All units separately metered except for basement. Each unit has its own hot water tank. Main floor and second floor have gas fireplaces. Coin laundry in basement.

Property History

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List Date List Price Last Status Sold Date Sold Price Days on Market
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Gallery

MLS #

E9390572

Style

Detached, 2 1/2 Storey

Rooms

13+4

Bedrooms

5+2

Bathrooms

5

Garages Spaces

2

Garage

Detached

Parking Spaces

2

A/C

Wall Unit

Basement

Apartment

Den

N

Elevator

N

Exterior

Brick

Heating

Baseboard

Fireplace

Y

Taxes

$7,110.00 (2024)

Lot

109.87x30.37 (Feet)

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Homes 12 Ashland Avenue, Toronto