$799,800
ESTIMATED
2 + 1
BEDROOMS
3
BATHROOMS
W7030484
MLSID
385 Mcroberts Avenue, Toronto
Attention investors / contractors looking to add to their portfolio. Rarely offered
vacant duplex which had been operating as a triplex since 2008. High demand area close to
transit, schools and parks with only 4-months of total vacancy in the last 15-years. The
property has been cleaned to the studs after a fire in June and presents a blank canvas
to build inside and increase rents. Fantastic 2022 Numbers pre-fire: Rent: $42,675,
Property taxes: $3,324, Hydro: $1989, Gas: $1437, Water: $5724, Insurance: $873,
Maintenance: $1841. Total expenses: $15,188, Profit: $27,487. Separate detached 2-car
garage provides an additional source of rent as it comes with a 240v subpanel for a
potential Tesla supercharger. Includes stainless steel appliances - 2 fridges, 2 stoves,
2 new dishwashers, A/C window unit. Offers being accepted on Tuesday, Oct. 3rd.
Sold History
SOLD
3 October 2023
$829,000
SOLD
6 April 2008
$308,500
Summary
Address
385 Mcroberts Avenue
City
Community
Street
MLSID
W7030484
Property Type
Duplex
Property Category
Bedrooms
2 + 1
Bathrooms
3
Kitchens
2 + 1
Zoning
RM
Taxes (Annual)
$3,504.60
Tax Year
2023
Published
September 25, 2023
Days on Market
636 Days
Possession Details
Immediate
Inclusions
2 stl steel fridges, 2 stl steel stoves, 2 stl steel dishwashers (new), A/C window unit. 240v service in garage, good for Tesla super
charger install
Details
Bathroom 1
4-Piece Ground Level
Bathroom 2
3-Piece Second Level
Bathroom 3
3-Piece Basement Level
Parking Total
2
Lot Width
18 Feet
Lot Depth
122 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Vacant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
Listing Contracted with ROYAL LEPAGE SIGNATURE REALTY