796 Midland Ave

FOR SALE
$1,400,000
Sold
$1,425,000
796 Midland Ave, Scarborough
796 Midland Ave
796 Midland Ave
796 Midland Ave
796 Midland Ave
796 Midland Ave
796 Midland Ave
796 Midland Ave
796 Midland Ave
796 Midland Ave
6 + 3
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
12 + 5
ROOMS
E9047138
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-19 2024-10-03 76 $1,400,000 $1,425,000 Sold
2024-05-10 2024-07-19 70 $1,450,000 - Terminated
Property Description
Calling All Investors! Prime Location Alert! This Detached 3 Unit Multiplex Nestled In Kennedy Park, Positioned At Midland & Eglinton Ave East, Presents A Golden Opportunity For Multi-Residential Investors. Boasting Three Spacious Self-Contained Units, Each Exceeding 1000 Sq. Ft., This Property Is A Rare Gem In The Market. Two Units Feature Both Front & Rear Entrances, While The Third Unit Offers A Rear Balcony. Separate Hydro Meters For Each Unit, This Versatile Property Ensures Ease Of Management. Three Well-Kitchens, Generously Sized Bedrooms, & Ample Natural Light Flooding Through Large Windows. The Open Layout & Property Size Presents Potential For Additional Units, Catering To Various Investment Strategies. Parking Is Abundant With A Garage & Ample Space For Multiple Vehicles. Additional Income Opportunities. Plus, With Public Transit Right At Your Doorstep, Including The LRT Eglinton & Kennedy Line Just A 15-Minute Walk Away, Commuting Around The City Is Effortless. Don't Miss Out On This Exceptional Investment Opportunity In A Prime Location
Extras
Updated electrical base board heating, individually controlled, New Thermal Pane Windows Throughout
Nearby Intersections
Property Details
Community
Property Type
Multiplex, 2-Storey
Lot Size
53' x 130'
Fronting
West
Taxes
$4,204 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Mutual
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingMain10.50' x 15.75'Hardwood Floor, O/Looks Dining, Large Window
DiningMain8.43' x 10.07'Hardwood Floor, O/Looks Living, Large Window
KitchenMain8.76' x 11.75'Hardwood Floor, Large Window
BrMain10.17' x 11.32'Hardwood Floor, W/O To Balcony
Living2nd10.50' x 15.26'Broadloom, O/Looks Dining, Large Window
Dining2nd8.50' x 10.24'Broadloom, O/Looks Living, Large Window
Kitchen2nd8.66' x 11.68'Tile Floor, Large Window
Br2nd10.17' x 11.52'Broadloom, Large Window, Balcony
LivingLower10.50' x 15.68'Laminate, Large Window, Above Grade Window
KitchenLower8.76' x 16.01'Tile Floor, Above Grade Window, Walk-Up
BrLower10.24' x 10.99'Laminate, Above Grade Window, Large Window
LaundryLower6.17' x 8.76'
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Great opportunity to own a multiplex rental property in this rapidly transitioning neighborhood. The Jarvis Queen subway station construction is underway! This income property, designated as a Heritage home, features four separate units, two are currently rented and two are vacant. Separate laundry room in basement. Upgraded 1 inch copper main waterline, parking for one car at the rear.
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