16 Fennings Street, Toronto, Ontario M6J 3B8

Listed for:
$1,999,999
6 beds
5 baths
Listed 15 days ago
House for rent: 16 Fennings Street, Toronto, Ontario M6J 3B8

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About

Queen St & Ossington Ave Power of Sale Opportunity! Rare 25 ft wide renovated semi detached property featuring 3 separate units with the potential to generate approx $120,000 in gross annual rental income when fully leased. The front unit is currently leased while the two additional units are vacant and recently renovated. Perfect for investors seeking strong rental income or end users looking to live in one unit while collecting rental income from the other two helping significantly offset mortgage and carrying costs. Further upside with the potential to build a laneway home with 2 additional units subject to approvals and due diligence. Located in an excellent, highly desirable area within walking distance to vibrant neighbourhood amenities, restaurants, cafes, shopping, transit and more. A rare opportunity combining strong income potential, flexible living options and addition of potential laneway units increasing future value and upside! (id:27476)

Property Highlights

MLS® Number
C13795598
Type
Single Family
Community Name
Trinity-Bellwoods
Ownership Type
Freehold
Land Size
25 x 130.7 FT
Parking Space Total
4

Building

Building Type
House
Storeys
2.50
Square Footage
3500 - 5000 sqft
Bathrooms Total
5
Bedrooms Above Ground
6
Bedrooms Total
6
Exterior Finish
Brick
Fireplace Present
Yes
Basement Type
N/A, N/A (Finished), N/A
Basement Features
Separate entrance, Walk-up
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
ROYAL LEPAGE TERREQUITY REALTY
MLS® number:
C13795598
Agent:
Dean Pantalone
Phone:
(416) 245-9933
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).

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Listing provided by: ROYAL LEPAGE TERREQUITY REALTY
Learn more about this property
Listing provided by:
ROYAL LEPAGE TERREQUITY REALTY
MLS® number:
C13795598
Agent:
Dean Pantalone
Phone:
(416) 245-9933
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).