As one of the original Annex mansions, this grand Victorian is the perfect opportunity to invest in one of Toronto’s most robust rental markets. The home is currently operating as a legal fourplex (plus an additional garden suite) w/ nearly $160k of gross annual income. The home boasts close to 5,000 sq ft of living space above grade, plus an additional 2,500 in the basement. Allow the home to exist as-is and generate wealth, or update the interior spaces to maximize on the booming luxury rental market in Toronto. With substantial current and future income potential as well as a rare opportunity to convert the home back to its original glory as a single family estate, 142 Bedford is the perfect property to add to your portfolio.**** EXTRAS **** Totally renovated in 2001, 5 upscale furnished units, A+ tenants can stay or go if home is occup’d by the buyer. Sound mechanical and set up with maintenance providers to be passed on for an easy transition. Rent-roll and survey avail. (id:34918)
Mortgage Amount
$800,000
Down Payment Amount
$200,000
Monthly Mortgage Payment
$5,000
