6 Beds 4 Bath

21 Macdonell Avenue, Toronto, ON M6R 2A3

Toronto W01 M6R 2A3 Ontario

MLS: W12066125

$2,449,000

Added 10 days ago | For Sale

Listed by: SAGE REAL ESTATE LIMITED

About Property

Prime 4-Unit Income Property, a rare opportunity in the heart of Roncesvalles, this stunning red double-brick classic home offers exceptional rental income for investors or savvy homeowners, with 4 incredible fully equipped, spacious 2-bedroom apartments. Each self-contained unit boasts modern upgraded kitchens with dishwashers, private entrances, and ensuite laundry for ultimate convenience. Thoughtfully designed with spacious layouts, the main floor features soaring ceilings and timeless character. The second floor offers a functional layout, a private balcony, and an oversized sunlit west-facing living room. The third floor is warm and inviting, with an open-concept kitchen and abundant natural light. The basement unit impresses as a true 2 bedroom apartment with large above-grade windows and a walkout to the backyard. Serviced by a high-efficiency boiler (2018) and a 400-amp electrical system, each unit has its own 60-amp service, with additional capacity for future expansion. Amazing, spacious backyard and oversized 3-car garage, featuring three skylights and updated garage doors (2018), presents a fantastic opportunity for a laneway suite, with two parking spaces currently rented and one vacant. The units generate substantial rental income with less than average property expenses. Nestled between Roncesvalles and Queen West, this property is steps from vibrant cafes, restaurants, High Park, waterfront trails and major TTC routes, with easy access to Lakeshore Blvd and the Gardiner for seamless commuting. A walker's paradise with unbeatable rental demand, this is a turnkey investment opportunity perfect for generating passive income or accommodating multigenerational living, a very special opportunity in one of the best neighbourhoods in Toronto.

Features

  • House Style:Detached
  • Bathrooms:4
  • Land Size: 29 X 139
  • Water:Municipal
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Sorauren & Queen
  • Basement:Apartment,Separate Entrance , Apartment,Separate Entrance
  • Possession Date:TBD
  • Annual Property taxes: $9706.47
  • Bedrooms:6 +2
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Radiant
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:W12066125

Level Type Features Dimensions
Main Kitchen Large Window, Stainless Steel Appl, Eat-in Kitchen 12 ft, 1 in x 10 ft, 6 in
Living Room Bay Window, Hardwood Floor, Fireplace 15 ft, 5 in x 13 ft
Primary Bedroom Large Window, Hardwood Floor, French Doors 13 ft, 7 in x 13 ft, 1 in
Bathroom 4 Pc Bath, Tile Floor, Window 6 ft, 2 in x 6 ft, 1 in
Foyer Hardwood Floor 11 ft, 5 in x 6 ft, 8 in
Ground Bedroom 2 Large Window, Hardwood Floor, Closet 13 ft, 2 in x 7 ft, 1 in
Second Kitchen Open Concept, Stainless Steel Appl, Cork Floor 8 ft, 4 in x 8 ft
Dining Room Hardwood Floor, W/O To Balcony, Open Concept 11 ft, 2 in x 8 ft, 7 in
Living Room Bay Window, Hardwood Floor, Overlooks Frontyard 15 ft, 10 in x 13 ft, 2 in
Primary Bedroom Large Window, Hardwood Floor, Closet 11 ft, 9 in x 11 ft, 9 in
Bedroom Large Window, Hardwood Floor, French Doors 10 ft, 4 in x 9 ft, 10 in
Bathroom 4 Pc Bath, Window, Tile Floor 8 ft, 11 in x 8 ft, 11 in
Foyer Hardwood Floor 15 ft, 1 in x 6 ft, 7 in
Third Kitchen Large Window, Stainless Steel Appl, Hardwood Floor 13 ft, 3 in x 10 ft, 3 in
Living Room Open Concept, Large Window, Hardwood Floor 17 ft, 6 in x 10 ft, 2 in
Primary Bedroom Window, W/O To Balcony, Closet 13 ft, 11 in x 10 ft, 1 in
Bedroom 2 Large Window, Hardwood Floor 12 ft, 10 in x 10 ft, 4 in
Bathroom 4 Pc Bath, Window, Tile Floor 8 ft, 10 in x 6 ft, 1 in
Foyer Hardwood Floor 12 ft, 9 in x 5 ft, 8 in
Basement Kitchen Stainless Steel Appl, Overlooks Backyard, Vinyl Floor 10 ft, 2 in x 9 ft, 6 in
Living Room Above Grade Window, Vinyl Floor 15 ft, 9 in x 13 ft
Dining Room Vinyl Floor 8 ft, 4 in x 8 ft, 2 in
Primary Bedroom Above Grade Window, Vinyl Floor, Closet 12 ft, 8 in x 10 ft
Bedroom 2 Above Grade Window, Vinyl Floor 10 ft, 10 in x 9 ft
Bathroom 4 Pc Bath, Tile Floor 7 ft, 3 in x 6 ft, 1 in
Mud Room Walk-Out 11 ft, 6 in x 11 ft, 1 in

No property rooms available.

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