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Listed by Royal Lepage Signature Susan Gucci Realty.
485 Mortimer Avenue is a Multiplex, 2-Storey and is currently for Sale @ $1,999,000. Taxes in 2023 were $8,894.75.
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Offered For Sale Is A 6 Unit Building Consisting Of Large 2 bedroom Units. The 2-Storey on 485 Mortimer Avenue has 8 bedrooms, 6 bathrooms, and is located on a 207.12 x 37.13 ft lot in the community of Danforth Village-East York . Tremendous Upside In Rents With Potential For Additional Revenue From Existing Detached Three Car Garage (insulated, heated & electricity). Separately Metered Hydro, Radiant Heat With 3 yr Old 95% Efficiency Boiler. Roof 2017, Windows 15 yrs. Attractive Financing Available With VTB Offering. As We Continue To Experience A Housing shortage In Toronto, This Is A Magnificent Opportunity For Unit Ownership & Densification Potential. Location location! This 7,642.37 ft (0.175 ac) of land is located in the high demand area of East York. Easy access to subway, DVP, The Beach and to core of the city. Lots of new development in the area making this a solid investment.
The address 485 Mortimer Avenue was listed for sale (MLS# E8023306) on Thursday, January 25, 2024.
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| List Date | List Price | Last Status | Sold Date | Sold Price | Days On Market |
|---|---|---|---|---|---|
| 0000-00-00 | $00000 | Sld | N/A | N/A |
8+4
8+4
3
37.13 x 207.12 ft lot
