Homes for sale - 21 Macdonell AVE, Toronto W01, ON M6R 2A3

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Peter Torkan

peter.torkan@theagencyre.com +1(416) 847-5288

$ 2,449,000

Est. payment | -/mo

6 Beds

4 Baths

Save Virtual Tour

$ 2,449,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

4 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Roncesvalles

MLS Listing ID W12066125

Style 3-Storey

Bedrooms 6

Annual Tax Amount $9,706

Tax Year 2024

Property Sub-Type Detached

Property 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.

Location

Province ON

County Toronto

Community Roncesvalles

Area Toronto

Rooms

Family Room No

Basement Apartment, Separate Entrance

Kitchen 4

Separate Den/Office 2

Interior

Interior Features Water Heater Owned

Cooling None

Fireplace No

Heat Source Gas

Exterior

Garage Spaces 3.0

Pool None

Roof Type Asphalt Shingle,Flat

Lot Frontage 29.0

Lot Depth 139.0

Total Parking Spaces 3

Building

Unit Features School,Rec./Commun.Centre,Public Transit,Park,Library

Foundation Stone

Others

Virtual Tour https://www.elitepropertiestoronto.com/21-macdonell

Listed by SAGE REAL ESTATE LIMITED

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

+1(416) 847-5288

peter.torkan@theagencyre.com

378 Fairlawn Ave, York, M5M, 1T8, Canada

21 Macdonell AVE Toronto W01, ON M6R 2A3