45 Northcote Avenue, Toronto, ON M6J 3K2, Toronto C01, ON
Bed 7
Bath 6
Investors consider buying either 45 and 47 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 Canadas foreign buyer ban. This bay & Gable brownstone beauty at #45 Northcote Ave - is a 3-story bay and gable 4-plex with self-contained apartments, including a beautiful 2-bedroom basement apartment, a 3-bedroom main, A large 1-bed, 2nd flr, & another on 3rd. 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. Victorian era brownstone with optimum income for owners who intend to live here or investors maximizing rents and future price appreciation. In 2018 #45 was approved to expand the 3rd floor to a larger footprint. Most visitors comment how great the basement 2 bedroom apartment is, with high ceilings, huge windows wells allowing natural light & a separate entrance through front of house. Spacious modern apartments, all with with own ensuite laundry, separately metered and with own temperature controls. Floors were additionally insulated for sound and thermal. 45 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.
Property Highlights
For Sale
MLS NO.
C9229816
Type
Residential Freehold
Sub Type
Semi-Detached
Bedrooms
7
Bathrooms
6
Parking
3.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Semi-Detached
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
C9229816
Living Area Range
3000-3500
Total Bedrooms
7
Bedrooms Above Grade
5
Bedrooms Below Grade
2
Total Bathrooms
6
Total Kitchens
4
Kitchens Above Grade
3
Kitchens Below Grade
1
Rooms Above Grade
17
Rooms Below Grade
3
Interior Features
Other
Fireplace
No
Construction
Brick, Other
Roof
Not Applicable
Lot Width
23.0
Parking Features
Lane
Parking Total
3.0
Covered Spaces
0.0
Garage Type
None
Pool
None
Direction Facing
East
Cooling
Wall Unit(s)
Heat Source
Electric
Heat Type
Radiant
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
45 Northcote Avenue, Toronto, ON M6J 3K2
City
Toronto C01
Neighbourhood
Little Portugal
County / Region
Toronto
Province / State
ON
Postal Code
M6J 3K2
Cross Street
Queen St. West @ Northcote Ave
List Price
$2,775,000
Annual Taxes
$12,099
Tax Year
2024
Legal Description
PT LT 109, 112 PL 300 TORONTO AS IN CA410409; CITY OF TORONTO
Possession Details
tbd
Listing Office
HARVEY KALLES REAL ESTATE LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2024-07-29T14:17:48Z
Media Updated
2024-10-19T15:47:29Z
Photos Updated
2024-10-19T15:47:29Z
Last Modified
2024-10-26T15:33:16Z
System Modified
2025-10-11T17:42:59.664961Z
MLS Status
Terminated
Architectural Style
3-Storey
Basement
Apartment, Separate Entrance
Ddfyn
Yes
Expiration Date
2024-10-31
Foundation Details
Not Applicable
Heat Source Multi
Electric
Heat Type Multi
Radiant
Hstapplication
Included
Occupant Type
Tenant
Originating System Id
A00001796
Parking Spaces
3
Public Remarks
Investors consider buying either 45 and 47 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 Canadas foreign buyer ban. This bay & Gable brownstone beauty at #45 Northcote Ave - is a 3-story bay and gable 4-plex with self-contained apartments, including a beautiful 2-bedroom basement apartment, a 3-bedroom main, A large 1-bed, 2nd flr, & another on 3rd. 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. Victorian era brownstone with optimum income for owners who intend to live here or investors maximizing rents and future price appreciation. In 2018 #45 was approved to expand the 3rd floor to a larger footprint. Most visitors comment how great the basement 2 bedroom apartment is, with high ceilings, huge windows wells allowing natural light & a separate entrance through front of house. Spacious modern apartments, all with with own ensuite laundry, separately metered and with own temperature controls. Floors were additionally insulated for sound and thermal. 45 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.
