$1.8 mln - 8 Bedroom - House in Toronto,ON - 49 Jerome St | HomeSmile
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listed 10 days ago
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listed 10 days ago
$1,830,000AI EST: -0.7% $1,817K Valuation info
49 Jerome St
8 +1
bedrooms
4
bathrooms
2
parking spaces

Description

Welcome to a great investment opportunity nestled in the sought-after family-friendly enclave of High Park North. This legal 4-plex stands out with its recently spruced up curb appeal, offering a blend of classic charm and functionality, with its high ceilings, big windows and attractive floor plan. Set on a tree-lined street in a highly desirable and connected west Toronto pocket, this property is perfectly positioned near a range of amenities, top-rated schools, and vibrant community spots. Currently, three of the units are occupied at strong market rents, while the fourth unit, previously used personally by the sellers, is ready for immediate rental. The entire building has been carefully updated over the years, with significant upgrades including modernized electrical systems, an underpinned basement, a five-year-old roof, and a completely rebuilt front porch and upper deck. Each apartment has also seen thoughtful updates, enhancing both comfort and appeal. Good cap rate of around 5.0%. - { Bsmt 1Bed 686 sqft | Main flr 3bed 928sqft | 2nd flr 3Bed 867 sqft | 3rd Flr 1bed 752sqft } Fully underpinned and Waterproofed basement w 8ft ceiling, fully updated electrical.
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Sold history


General Info

8+1 bedroom detached house in Toronto
49 Jerome St, MLS: W9303648

Style | Type
3-storey | detached
Approx. Age
100+
Lot Width
20.0 ft
Lot Length
116.0 ft
Total Approx. Floor Area
2500-3000 sqft

Rooms

Bedrooms
8+1
Total Rooms
15+1
Bathrooms
4
Basement
apartment+sep entrance

Parking

Garage spaces
0
Total spaces
2
Driveway
lane

Financial info

Taxes
$9,949 / 2024

Additional info

Fireplace/Stove
none
Heating
radiant
Cooling
window unit
Extras
set showing times: monday, wednesday & friday - between 3pm-7pm & saturday 11-5pm with 6 hrs notice.

Other

Possession Details
30/tbd
Exterior Finish
brick
Laundry Level
lower
Listing Brokerage
sage real estate limited
Listing Sub-Area
high park north

Listing Information

Listed Price
$1,830,000
Listed date
6 sept 2024
Days On The Market
10
HomeSmile AI estimate
$1,817,496 Valuation info
FOR SALE
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