Turn-Key Cash Flow Machine in the Heart of Toronto at 13 Spencer Ave! Unlock the potential of this stunning, renovated Grand Victorian just steps from the lake and Liberty Village! This legal duplex is a rare investment gem offering exceptional cash flow and a high cap rate. With approximately 3,500 sq ft of luxury living space plus a 300 sq ft rooftop terrace, this property is tailor-made for the savvy investor or multi-generational end-user.Currently fully tenanted with high-quality tenants, this property features 7 spacious bedrooms and 6 spa-inspired bathrooms (each with frameless glass showers), 2 designer kitchens, and open-concept floor plans with soaring 14-ft ceilings, exposed brick accents, and premium quartz stone finishes throughout.The walk-out basement offers incredible potential for a third income-generating unit, complete with its own entrance. With 4 private laundry setups, 4 covered parking spaces, and all major upgrades done, this is the true definition of turn-key.Live in one unit and rent the others, or sit back and collect rents from a fully stabilized asset in one of Torontos most vibrant communities.Prime Location | High-End Finishes | Strong Rental Income | Future UpsideDon't miss this rare opportunity to own a blue-chip investment in a location that continues to outperform.
Property Type:
Residential Freehold
Property Sub Type:
Duplex
Property Attached:
Yes
Home Style:
3-Storey
Total Approx Floor Area:
3500-5000
Depth:
120'36.6 m
Frontage:
17'5.18 m
Lot Details:
17.00 x 120.00 Feet
Direction Faces:
East
Bedrooms:
5+2
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Bedrooms Above Grade:
5
Bedrooms Below Grade:
2
Kitchens Above Grade:
2
# Main Level Bedrooms:
0
# Main Level Bathrooms:
0
Rooms Above Grade:
11
Rooms Below Grade:
4
Rooms:
15
Heating type:
Forced Air
Heating Fuel:
Gas
Cooling:
Yes
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Apartment, Walk-Up
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Lane
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$10,123 /
2024
Assessment:
$- /
-
Toronto W01
South Parkdale
Toronto
Other
Hot water tank (if rental).
All current appliances and electrical light fixtures (not belonging to tenants).
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