Home Details for 328 High Park Avenue

Exceptional detached 2 1/2 storey investment opportunity in the heart of Toronto's highly sought-after Junction neighbourhood. This newly renovated and well-maintained multi-unit property features three self-contained suites, including two spacious three-bedroom suites (one vacant) and one one-bedroom suite, offering strong and stable rental appeal with a gross income of ~$102,900. The unfinished basement provides a value-add opportunity with the potential to create an additional two-bedroom suite, enhancing future income potential of $130,000 or more. Ideally located on a prime stretch of High Park Avenue, the property benefits from excellent transit connectivity with easy access to TTC routes and major commuter arteries, and is just steps to the vibrant core of the Junction with its diverse mix of shops, cafés, restaurants, and everyday conveniences. High Park, one of Toronto's most iconic green spaces, is less than four blocks away. With strong rental demand, excellent walkability, and long-term appreciation, this property is well suited for investors seeking immediate cash flow with upside, or end-users looking to live in one suite while generating income from the others, offering a rare opportunity to acquire a versatile multi-unit property in a premier west-end neighbourhood with future expansion potential. (id:31684)

• Heating Information

  • Natural Gas
  • Radiant

• Cooling Information

  • Wall Unit(s)

• Parking

  • Detached