47 Northcote
Little Portugal | Toronto
$2,575,000.00
Listed 2 months ago
- 6 bed
- 4 bath
- 3000-3500 sqft
- 3.0 parking
- Semi-Detached
Instant Estimate
$2,465,866
-$109,135 compared to list price
Upper range
$2,838,293
Mid range
$2,465,866
Lower range
$2,093,438
Property history
- Now
- Listed on Jul 28, 2024
Listed for $2,575,000.00
71 days on market
- May 23, 2024
- 5 months ago
Terminated
Listed for $2,575,000.00 • 2 months on market
Sold for
Listed for $2,775,000.00 • on market
- May 2, 2024
- 5 months ago
Terminated
Listed for $2,775,000.00 • 21 days on market
Location & area
Schools nearby
Home Details
- Description
- Investors consider buying both 47 Northcote Ave, or 45 Northcote Ave separately, or buy them both & allow titles of both properties to merge into a legal 8-plex, with existing approval for additional unit, and possibly avoid Canada's foreign buyer ban. This Bay & Gable brownstone beauty at #47 Northcote Ave is a 3-story 4-plex with self-contained apartments, including 2 1-bedroom main flr apartments, a large 2-bed 2nd, a large apartment on 3rd with a massive rooftop deck. Anchored in the West Queen West area of Toronto - a most desirable lifestyle and real estate investment hub - having the opportunity to purchase 2 side by side homes like this is nearly unheard of in this area. Renovated Victorian era brownstone with optimum income for owners who intend to live here or investors maximizing rents and future price appreciation. In 2018 #47 was approved for an additional huge basement apartment. just like the one at #45. Ensuite laundries, separately metered and with own temperature controls. Floors were additionally insulated for sound and thermal. 47 Northcote backs onto a laneway offering access multiple neighbouring coach houses. #45 & #47 could house a coach house of their own. Prefer to keep the backyard as parking? Theres room for over 6 cars. #45 & #47 together span 43+ feet of frontage and approximately 123 feet of depth. Current rents lead to top of market CAP rates, with tenants paying own utilities. With already approved expansion plans, financials will surely go up. Beaconsfield Village's Northcote is bookended by dreamy Beaconsfield Avenue with its mid-1800s brownstones and fabulous coach houses, anchored by Queen West's famous Drake Hotel and The Gladstone. Top restaurants, fantastic dessert and coffee shops, and famous bars. Top walk and bike scores.
- Additional media
- https://www.youtube.com/watch?v=w0i_i5x1kMI
- Property taxes
- $8,548.00 per year / $712.33 per month
- Basement
- Sep Entrance
- Basement
- Unfinished
- Year build
- -
- Type
- Semi-Detached
- Bedrooms
- 6
- Bathrooms
- 4
- Parking spots
- 3.0 Total
- Floor
- -
- Balcony
- -
- Pool
- None
- External material
- Brick
- Roof type
- -
- Lot frontage
- -
- Lot depth
- -
- Heating
- Radiant
- Fire place(s)
- N
- Main
- Living
- 3’3” x 3’3”
- Br
- 3’3” x 3’3”
- Kitchen
- 3’3” x 3’3”
- 2nd
- Living
- 3’3” x -4’-3”
- Br
- 3’3” x 3’3”
- 2nd Br
- 3’3” x -4’-3”
- 3rd
- Family
- 3’3” x 3’3”
Listing Brokerage
- MLS® Listing
- C9229906
- Brokerage
- HARVEY KALLES REAL ESTATE LTD.
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