13 Spencer Avenue Toronto W01 ON M6K 2J4
$ 1,795,000

Listing ID

#W12559254

Property Type

Duplex

Property Style

3-Storey

County

Toronto

Neighborhood

South Parkdale

Days on website

42

Description
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 Upside Don't miss this rare opportunity to own a blue-chip investment in a location that continues to outperform.
Location
Financial Information
List Price:  $ 1795000
Taxes:  $ 10123
Property Features
Air Conditioning:  Central Air
Approximate Square Footage:  3500-5000
Basement:  Apartment, Walk-Up
Exterior:  Brick
Foundation Details:  Concrete
Fronting On:  East
Heat Source:  Gas
Heat Type:  Forced Air
Interior Features:  Other
Parking Features:  Lane
Roof:  Asphalt Shingle
Sewers:  Sewer
Listed By:     RE/MAX PROFESSIONALS SIDOROVA INWOOD REALTY