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Jeff Meiusi

jeff.meiusi@gmail.com +1(416) 894-4373

$ 1,288,888

Est. payment | -/mo

4 Beds

3 Baths

Save Virtual Tour

$ 1,288,888

Est. payment | -/mo

Save Virtual Tour

4 Beds

3 Baths

Key Details

Property Type Single Family Home

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision South Riverdale

MLS Listing ID E12067989

Style 3-Storey

Bedrooms 4

Building Age 100+

Annual Tax Amount $5,100

Tax Year 2024

Property Sub-Type Semi-Detached

Property Description

In the heart of vibrant Leslieville, this extra-wide, character-filled century semi offers an outstanding investment opportunity with immediate income and long-term upside. Currently configured as a legal duplex with three self-contained units, current as-of-right zoning permits 4 units plus a Laneway ADU. Even in its current state this property is generating a 4.4% cap rate at $1.298M. Full financial breakdown available on request. Two units are currently rented to excellent tenants at market rates. The largest unita spacious, two-level, three-bedroom suite with a private balconyis vacant and ready for an end-user, or to generate premium rental income. Each unit features updated kitchens and bathrooms, ensuite laundry and ample storage. The basement is high, dry, and open concept, offering additional potential as a 2 bedroom unit.Architectural details such as veiled brick arches, fish-scale gables, bracket eaves, and stained-glass transoms provide heritage charm that stands out in the rental market. Soaring main floor ceilings and oversized rooms create a strong sense of space and light throughout. The deep lot with laneway access includes a large, solid steel garageideal for storage, rental, or development into a 1,380 square foot laneway suite. A Lanescape report is available to guide next steps.Recent updates include full roof replacement, eaves, downspouts, and gutter guards, reflecting pride of ownership and minimizing some future capital expenditures. The main floor also offers rear access to the kitchen and overall there remains potential for a single-family conversion, if desired.Seller will consider VTB (vendor take back financing) at traditional terms. This is a rare opportunity to acquire a well-maintained, income-generating asset with strong fundamentals and substantial growth potential in one of Torontos most sought-after neighbourhoods. Now at a very aggressive price.

Location

Province ON

County Toronto

Community South Riverdale

Area Toronto

Rooms

Family Room No

Basement Apartment, Separate Entrance

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Floor Drain

Cooling None

Fireplaces Type Living Room

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Porch, Deck, Security Gate

Parking Features Lane

Garage Spaces 1.5

Pool None

View Downtown

Roof Type Asphalt Shingle

Lot Frontage 21.0

Lot Depth 119.0

Total Parking Spaces 2

Building

Unit Features Park,Fenced Yard,Library,Public Transit,Place Of Worship,Level

Foundation Brick

Others

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Listed by BOSLEY REAL ESTATE LTD.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 894-4373

jeff.meiusi@gmail.com

251 Erie Avenue, Brantford, N3S, 2H3, Canada

133 Carlaw AVE Toronto E01, ON M4M 2R8

Jeff Meiusi

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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133 Carlaw AVE