-1055 Ravine Rd ( Simcoe St S/Wentworth St W )

$1,249,900.00

Description

*A rare find Solid Built Triplex* Perfect for First time Home Buyer who could live in one and Rent out the Two Other units* 2-2 Bedrooms Unit and 1-1 Bedroom Unit* Lower Unit with Above Grade Windows & two Entrances* 2-2 Bedrooms Units Are Vacant* 2-2 Bedrooms Units Appx. Market Rent $2,400 Plus Hydro* 2-2 Bedrooms Units are totally renovated with High End Two Tone Kitchen Cabinets, Porecelain Floor, Laminate Floor, Gorgeous Baths with Everything New Tiles, Tub, High Powered Exhaust* Lower Unit is rented for $1,301.75 Month to month and Buyer to assume the Tenant* Estimated Cap Rate 4.5%+* 65x133 Rare to find lot* Zoning R5-A may allow you to add up to three More Units(Check with City)* Very Spacious Units with Lots of windows and Fire Exit Stair* Parking for 8 Cars*

R5-A Zoning Allow Up To Six Apartments. Income And Expense Statement Estimated Available. Be Courteous To Lower Unit Tenant While Showing As She May Be Working From Home.

Additional Details

  • Community
    Lakeview
  • Property Style
    Investment()
  • Garage Type
    None ( Space)
  • Air Conditioning
    N
  • Heating Type
    Gas Forced Air Closd
  • Basement
    N
  • Pool

Features

  • Heating: Gas Forced Air Closd ,
  • Sewer/Water Systems: Sanitary , Municipal

Location

1055 Ravine Rd ( Simcoe St S/Wentworth St W )

Nearby Schools

Henry Hudson Senior Public School (Elementary 7-8)

Churchill Heights Public School (Elementary JK-8)

Grade 3 Reading: 82% | Writing: 79% | Math: 82%
Grade 6 Reading: 92% | Writing: 94% | Math: 86%

Source: Ontario school information and student demographics - grade 3 and 6 EQAO student achievements for reading, writing and mathematics, grade 9 EQAO academic and applied student achievements, grade 10 OSSLT student achievement | Open Government Licence - Ontario
For further information and school ranking visit Fraser Institution and EQAO.

  Green Yellow Orange Red
Average student achievements (out of 100%) 100-76 75-60 60-40 40-0

Listing Brokerage

  • HOMELIFE/GTA REALTY INC.

All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
Data is provided courtesy of Toronto real Estate Boards

Disclaimer: The property is not necessarily in the boundary of the schools shown above. This map indicates the closest primary and secondary schools that have been rated by the Fraser Institute. There may be other, closer schools available that are not rated by the Fraser Institute, or the property can be in the boundary of farther schools that are not shown on this map. This tool is designed to provide the viewer an overview of the ratings of nearby public schools, and does not suggest association to school boundaries. To view all schools and boundaries please visit the respective district school board’s website.

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Selvan PUVANESWARANATHAN
Selvan PUVANESWARANATHAN
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