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$2,500,000
Available - For Sale
Listing ID: E9390572
Investors, Here it is ,12 Ashland. One of the best investment properties in the beach area. This income property is a legal 4-plex with a coach house apartment for extra income. Current owner has done hundreds of thousands of dollars of improvements over the years of ownership. This property is turn key ready to go. It is fully tenanted and has positive cash flow every month. Looking to get into the housing market? . 4 apartments in the main house. Basement fully renovated 2 bdr apartment, Main floor fully renovated 2 bdr apartment, Second floor fully renovated 1 bdr apartment, Third floor 1 bdr apartment, Coach house fully renovated 1 bdr apartment with wood burning fireplace. There are two garage parking spaces in the back and a third garage/storage bay. Parking for an additional car or scooters behind the house. Beautiful wrap around porch on the main level. Two huge sundecks on the second level. one small deck on the third level. One small landing on the coach house and and beautiful front lawn give all apartments some outdoor space. Located steps from transit, Woodbine Park & beach, Queen street shops and restaurants, and all the summertime concerts and festivals ,makes this property highly sought after and a breeze to keep fully tenanted. Current owner is now looking to retire which is the only reason this great opportunity has come on the market.
Extras:   Heat pumps in Coach house, basement, main floor, second floor apartments. All units separately metered except for basement. Each unit has its own hot water tank. Main floor and second floor have gas fireplaces. Coin laundry in basement.
Price $2,500,000
Taxes: $7,110
Address: 12 Ashland Ave , Toronto, M4L 1K1, Ontario
Lot Size: 30.37 x 109.87 (Feet)
Directions/Cross Streets: Queen and Coxwell
Rooms: 13
Rooms +: 4
Bedrooms: 5
Bedrooms +: 2
Washrooms: 5
Kitchens: 4
Kitchens +: 1
Family Room: N
Basement: Apartment
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Bsmt Br 0.00 0.00 Vinyl Floor, Closet, Window
Room 2: Bsmt 2nd Br 0.00 0.00 Vinyl Floor, Closet, Window
Room 3: Bsmt Kitchen 0.00 0.00 Modern Kitchen, Vinyl Floor, Window
Room 4: Bsmt Living 0.00 0.00 Vinyl Floor, Window
Room 5: Ground Br 0.00 0.00 Bamboo Floor, Closet, Large Window
Room 6: Ground 2nd Br 0.00 0.00 Bamboo Floor, Large Window, Closet
Room 7: Ground Living 0.00 0.00 Bamboo Floor, Gas Fireplace, Large Window
Room 8: Ground Kitchen 0.00 0.00 Bamboo Floor, Modern Kitchen, Granite Counter
Room 9: 2nd Br 0.00 0.00 Bamboo Floor, Closet, Large Window
Room 10: 2nd Kitchen 0.00 0.00 Bamboo Floor, Combined W/Living, Modern Kitchen
Room 11: 2nd Living 0.00 0.00 Combined W/Kitchen, Gas Fireplace, W/O To Deck
Room 12: 3rd Br 0.00 0.00 Window, Closet
No. of Pieces Level
Washroom 1:  4 Bsmt
Washroom 2:  4 Ground
Washroom 3:  4 2nd
Washroom 4:  4 3rd
Washroom 5:  4 Flat
Property Type: Detached
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Mutual
Drive Parking Spaces: 0
Pool: None
Fireplace/Stove: Y
Heat Source: Electric
Heat Type: Baseboard
Central Air Conditioning: Wall Unit
Laundry Level: Lower
Elevator Lift: N
Sewers: Sewers
Water: Municipal
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12 Ashland Ave , Toronto, M4L 1K1, Ontario


 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto
Neighbourhood: Woodbine Corridor
Style: 2 1/2 Storey
Lot Size: 30.37 x 109.87(Feet)
Approximate Age:
Tax: $7,110
Maintenance Fee: $0
Beds: 5+2
Baths: 5
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Independently owned and operated.
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