116 Chaplin Crescent $2,475,000

Details

Bedrooms 5+3

Bathrooms 5

Lot Size 105 x 42 feet as per MPAC, irregular

Heat Hot water gas

Cooling Wall mounted air conditioning units

Taxes $11,391.91 / 2017

Garage Type Attached 2 car garage via double private drive

Overview

116 Chaplin Crescent – Andrea Morrison

Magnificent income property, perfectly located in Chaplin Estates.  Currently operating as high end fully furnished executive rental suites.  Potential gross income $128,400.  Many renovations and upgrades.  Stunning 2 plus 2 bedroom main floor suite with fabulous cook’s kitchen! Existing main & 2nd floor tenants on leases, 3rd floor on month to month.  Double private drive, double garage.  Superior investment opportunity!  Steps to absolutely everything that matters – subway, parks, tennis, schools, beltline trail, incredible Yonge Street shops & restaurants!

Property being sold fully furnished. Financials attached. Gross projected income: $128,400. Expenses: $31,947.50. Main floor/lower $5,500/mo, leased until Aug 7/18; 2nd floor $2,400/mo, leased until July 31/18; 3rd floor $1,400/mo, month to month. Lower: owner occupied – potential $1,400/mo.

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