12 Ashland Avenue, Toronto, ON M4L 1K1, Toronto E02, ON
Bed 7
Bath 5
Investors, Here it is ,12 Ashland. One of the best investment properties in the beach area. This income property is a legal 4-plex with a coach house apartment for extra income. Current owner has done hundreds of thousands of dollars of improvements over the years of ownership. This property is turn key ready to go. It is fully tenanted and has positive cash flow every month. Looking to get into the housing market? . 4 apartments in the main house. Basement fully renovated 2 bdr apartment, Main floor fully renovated 2 bdr apartment, Second floor fully renovated 1 bdr apartment, Third floor 1 bdr apartment, Coach house fully renovated 1 bdr apartment with wood burning fireplace. There are two garage parking spaces in the back and a third garage/storage bay. Parking for an additional car or scooters behind the house. Beautiful wrap around porch on the main level. Two huge sundecks on the second level. one small deck on the third level. One small landing on the coach house and and beautiful front lawn give all apartments some outdoor space. Located steps from transit, Woodbine Park & beach, Queen street shops and restaurants, and all the summertime concerts and festivals ,makes this property highly sought after and a breeze to keep fully tenanted. Current owner is now looking to retire which is the only reason this great opportunity has come on the market.
Property Highlights
For Sale
MLS NO.
E9390572
Type
Residential Freehold
Sub Type
Detached
Bedrooms
7
Bathrooms
5
Parking
2.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Detached
Transaction Type
For Sale
Status
Expired
Contract Status
Unavailable
MLS® Number
E9390572
Total Bedrooms
7
Bedrooms Above Grade
5
Bedrooms Below Grade
2
Total Bathrooms
5
Total Kitchens
5
Kitchens Above Grade
4
Kitchens Below Grade
1
Rooms Above Grade
13
Rooms Below Grade
4
Interior Features
Separate Hydro Meter, Separate Heating Controls
Fireplace
Yes
Fireplace Features
Natural Gas, Wood
Construction
Brick
Roof
Asphalt Shingle
Lot Width
30.37
Parking Features
Mutual
Parking Total
2.0
Covered Spaces
2.0
Garage Type
Detached
Pool
None
Direction Facing
North
Cooling
Wall Unit(s)
Heat Source
Electric
Heat Type
Baseboard
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
12 Ashland Avenue, Toronto, ON M4L 1K1
City
Toronto E02
Neighbourhood
Woodbine Corridor
County / Region
Toronto
Province / State
ON
Postal Code
M4L 1K1
Cross Street
Queen and Coxwell
Country
CA
List Price
$2,500,000
Annual Taxes
$7,110
Tax Year
2024
Legal Description
Plan 449E Pt Lots 11&12
Possession Details
TBA
Listing Office
REAL ESTATE HOMEWARD
Board
Toronto Regional Real Estate Board
Original Entry
2024-10-10T13:17:30Z
Media Updated
2024-10-10T13:31:13Z
Photos Updated
2024-10-10T13:31:13Z
Last Modified
2024-11-09T14:47:32Z
System Modified
2026-03-23T18:37:09.578876Z
MLS Status
Expired
Architectural Style
2 1/2 Storey
Basement
Apartment
Ddfyn
Yes
Expiration Date
2024-12-20
Foundation Details
Poured Concrete
Heat Source Multi
Electric
Heat Type Multi
Baseboard
Hstapplication
Included
Link Yn
No
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
210230082
Parking Spaces
0
Public Remarks
Investors, Here it is ,12 Ashland. One of the best investment properties in the beach area. This income property is a legal 4-plex with a coach house apartment for extra income. Current owner has done hundreds of thousands of dollars of improvements over the years of ownership. This property is turn key ready to go. It is fully tenanted and has positive cash flow every month. Looking to get into the housing market? . 4 apartments in the main house. Basement fully renovated 2 bdr apartment, Main floor fully renovated 2 bdr apartment, Second floor fully renovated 1 bdr apartment, Third floor 1 bdr apartment, Coach house fully renovated 1 bdr apartment with wood burning fireplace. There are two garage parking spaces in the back and a third garage/storage bay. Parking for an additional car or scooters behind the house. Beautiful wrap around porch on the main level. Two huge sundecks on the second level. one small deck on the third level. One small landing on the coach house and and beautiful front lawn give all apartments some outdoor space. Located steps from transit, Woodbine Park & beach, Queen street shops and restaurants, and all the summertime concerts and festivals ,makes this property highly sought after and a breeze to keep fully tenanted. Current owner is now looking to retire which is the only reason this great opportunity has come on the market.