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  • Key Facts
  • Description
  • Rooms
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Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Yes
Taxes $9,706
Lot Size 
Approx. Age 
MLS® Number W12066125

Property Address: 21 Macdonell Ave, Toronto, ON, M6R2A3

Average square foot calculated using Size range provided by listing agent.

Description

Prime 4-Unit Income Property, a rare opportunity in the heart of Roncesvalles, this stunning red double-brick classic home offers exceptional rental income for investors or savvy homeowners, with 4 incredible fully equipped, spacious 2-bedroom apartments. Each self-contained unit boasts modern upgraded kitchens with dishwashers, private entrances, and ensuite laundry for ultimate convenience. Thoughtfully designed with spacious layouts, the main floor features soaring ceilings and timeless character. The second floor offers a functional layout, a private balcony, and an oversized sunlit west-facing living room. The third floor is warm and inviting, with an open-concept kitchen and abundant natural light. The basement unit impresses as a true 2 bedroom apartment with large above-grade windows and a walkout to the backyard. Serviced by a high-efficiency boiler (2018) and a 400-amp electrical system, each unit has its own 60-amp service, with additional capacity for future expansion. Amazing, spacious backyard and oversized 3-car garage, featuring three skylights and updated garage doors (2018), presents a fantastic opportunity for a laneway suite, with two parking spaces currently rented and one vacant. The units generate substantial rental income with less than average property expenses. Nestled between Roncesvalles and Queen West, this property is steps from vibrant cafes, restaurants, High Park, waterfront trails and major TTC routes, with easy access to Lakeshore Blvd and the Gardiner for seamless commuting. A walker's paradise with unbeatable rental demand, this is a turnkey investment opportunity perfect for generating passive income or accommodating multigenerational living, a very special opportunity in one of the best neighbourhoods in Toronto.Show Description
MLS® NumberW12066125
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementApartment, Separate Entrance
DrivewayGarage Type:Detached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Show Details
Bedroom 2:Third Floor10.37 × 12.83 ft

Price History

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  • Commute

Commute

Starting Address
Destination Address
21 Macdonell Ave, Toronto, ON

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