21 Macdonell Ave | Toronto W01 - Roncesvalles

View all active Listings

Description

Property Details

  • Asking Price: $2,649,000
  • Taxes: 9706.47
  • Virtual Tour URL: https://www.elitepropertiestoronto.com/21-macdonell
  • Lot Front: 29.00
  • Lot Depth: 139.00
  • Bedrooms: 6
  • Bathrooms: 4
  • Basement: Apartment
  • Garage Type: Detached
  • Garage Spaces: 3.0
  • Kitchens: 3
  • Heat Type: Radiant
  • Heat Source: Gas
  • Approx Square Footage: 3500-5000
  • Additional Features: Library, Park, Public Transit, Rec Centre, School
  • Fireplace: N
  • Year Built: 100
  • Type: Detached
  • Style: 3-Storey

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.

Room Dimensions

RoomDimensionsLevelFeatures
Kitchen 8.4×8 ft (2.6×2.4 m) 2nd Open Concept, Stainless Steel Appl, Cork Floor
Living 15.8×13.2 ft (4.8×4 m) 2nd Bay Window, Hardwood Floor, O/Looks Frontyard
Prim Bdrm 11.8×11.7 ft (3.6×3.6 m) 2nd Large Window, Hardwood Floor, Closet
2nd Br 13.2×7.1 ft (4×2.2 m) Ground Large Window, Hardwood Floor, Closet
Bathroom 8.9×8.9 ft (2.7×2.7 m) 2nd 4 Pc Bath, Window, Tile Floor
Foyer 11.5×6.7 ft (3.5×2 m) Main Hardwood Floor
Dining 11.2×8.6 ft (3.4×2.6 m) 2nd Hardwood Floor, W/O To Balcony, Open Concept
Br 10.3×9.8 ft (3.2×3 m) 2nd Large Window, Hardwood Floor, French Doors