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Listed by Royal Lepage Your Community Realty.
162 Grace Street is a Duplex, 2 1/2 Storey and is currently for Sale @ $1,449,900. Taxes in 2023 were $5,778.11.
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You just hit the dual-zoning JACKPOT in the core of Little Italy! This semi-detached property falls within the best stretch of commercial zone in this thriving community! Checks all the boxes for investors/builders/residents alike as it is a cash flow opportunity where you can choose to have a multi-generational living arrangement, to live and rent or run a business from day 1!Four separate units spread over 2400SF living space, with great tenants, generous sized living spaces with each having either a private balcony or separate yard (split in two). The 2 1/2 Storey on 162 Grace Street has 6 bedrooms, 4 bathrooms, and is located on a 50.00 x 23.33 ft loton < .50 acres in the community of Palmerston-Little Italy .Truly a walker's paradise, so daily errands don't require car, not to mention all the parks, boutiques and the renown cafes/restaurants at your doorstep!($76,500 NET rent/annum or $6400/mo NET.)Steps to the buzz on College, close to U of T, amazing schools, streetcar stop 1 min., Christie Subway Stn.14 min walk, Trinity-Bellwoods Park12.min. Laundry 4 min away. Don't miss the massive upside with this property for a long term investment play!
See attach.: Fin.Stmt., Zoning Map, Hood Q Report/ Officially 2 3/4 storeys/St. Permit Pkg.$21.34/mo./Res. MLS#C8331868/Not separately metered/New Roof/Eaves/Fascia 2014/Bsmt Reno '90/Bsmt Elec. Panel upgraded 2010. $Multi-storey potential$
The address 162 Grace Street was listed for sale (MLS# C8331868) on Monday, May 13, 2024.