Value
Photos
Map
$1,199,900
ESTIMATED
6
BEDROOMS
5
BATHROOMS
W7213246
MLSID

344 Hopewell Avenue, Toronto

FOUR UNITS. 5% cap rate! incredible investment! 3 Kitchens and baths have been renovated. New tile floors, new hardwood, new cupboards, new appliances. Close to Eglinton LRT, shops, and Highways. Roof 2018, Furnace 2022, easy to manage and maintain. NO VTB. NO VACANT POSSESSION, tenants to be assumed. Triplex converted to four units. MAIN FLOOR; three bedrooms with TWO baths. SECOND FLOOR Three Bedrooms with TWO baths, BASEMENT; TWO x bachelor. Laundry room in basement. Four Meters. Landlord pays utilities and hydro. Easy to manage and maintain. Possibility of adding a laneway house (see Lanescape report attached). Gross (estimated) $80,400 Net (Estimated) $62,000. Ideal for investor or owner occupier. Circa 1957. Total 3100 square feet (as per floorplans). Mutual Drive with two car garage in the rear. ONE YEAR FREE Management services, as LA for details.
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Sold History

SOLD
21 March 2024
$1,185,000
SOLD
6 May 2016
$895,000
SOLD
19 October 2015
$780,000

Summary

Address
344 Hopewell Avenue
MLSID
W7213246
Property Type
Triplex
Property Category
Bedrooms
6
Bathrooms
5
Rooms
10 + 5
Kitchens
2 + 2
Zoning
residential
Taxes (Annual)
$4,690.57
Tax Year
2023
Published
October 12, 2023
Days on Market
620 Days
Possession Details
Tba
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Extras

NO VTB, NO VACANT POSSESSION. NO SURVEY AVALABLE.

Inclusions

4 fridges, 3 stoves, 1 washer & 1 dryer. Existing furnace and related equipment. ONE YEAR FREE Management services, as LA for details

Exclusions

Current tenants' belongings

Details

Bathroom 1
3-Piece Basement Level
Bathroom 2
4-Piece Main Level
Bathroom 3
4-Piece Basement Level
Bathroom 4
3-Piece Main Level
Parking Spaces
1
Parking Total
3
Lot Width
25 Feet
Lot Depth
147 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Water
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with HARVEY KALLES REAL ESTATE LTD.
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Time
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