Toronto Multi Unit Resedential for sale: 5 bedroom (Listed 2008-05-16)

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Address

220 Atlas Avenue, Toronto, ON, M6C 3P7, Canada

Description

Situated midway between Eglinton and St Clare and halfway between Bathurst and Dufferin this great income property has a perfect central location. Extensively modernized, it is currently functioning as a live/rent property with the owner occupying the main floor, while the lower level is rented out and generating an income of $XXXX per month. Significant additional income could be generated if the main floor was also rented or alternatively, the property could be converted back to a single family home. It has legal pad parking for one car at the front of the property and an additional parking spot as well as a single car garage at the rear.

Features

The main floor common areas are of an open concept design, creating a highly functional and visually spacious living area. The front foyer has a ceramic entrance floor and a coat closet. It flows directly into the large and open living and dining room areas which feature an engineered wood floor throughout for comprehensive visual continuity, four large east facing windows and crown moulding. The modern kitchen flows directly off this area and shares the same engineered wood floor. It has modern white cabinetry with lots of storage space, a ceramic backsplash a double stainless steel sink and modern appliances.


The master bedroom is quite large and features a sliding glass door walk-out to the rear deck and yard, engineered hardwood flooring, a west facing window and a good sized glass mirrored closet. Bedroom #2 has a skylight, engineered wood floor and a large mirrored closet. Bedroom #3 also has engineered wood flooring, a mirrored closet and a window. A four-piece bathroom with ceramic floor, ceramic tub and shower enclosure, sconce lighting and a window, completes this main unit.


The lower unit also has an open concept main living space with ceramic floor, a separate side entrance and a modern kitchen. This unit has two bedrooms with one being quite large. There is also a four piece bathroom with ceramic floor sconce lighting and a window. There is also a laundry room with storage space and a utility room area.


220 Atlas Avenue has a remarkably central location. It is close to schools, public transportation and all the shopping that four easily accessible major streets have to offer. This property is a perfect urban home offering you quality personal living space as well as the opportunity for additional income. 220 Atlas Avenue presents real value in modern urban accommodation.

Amenities

Parking:
Legal front pad (1 car)
Mutual right of way
One car garage at rear



Comfort Systems:
Gas, high efficiency, forced air furnace
Central air conditioning


Electrical:
Circuit breakers



Lot Size:
25ft x 139.08 ft



Income Data:
Lower Level - $XXXXXper month



Inclusions:
2 Fridges, 2 Stoves, Washer, Dryer