
485 Mortimer Avenue
Toronto - Danforth Village-East York
485 Mortimer Avenue
Toronto - Danforth Village-East York
Sold For$1,930,000
Listed For $1,999,000
Sold Feb 2024

Toronto - Danforth Village-East York
Toronto - Danforth Village-East York
Sold For$1,930,000
Listed For $1,999,000
Sold Feb 2024
Offered For Sale Is A 6 Unit Building Consisting Of Large 2 bedroom Units. Tremendous Upside In Rents With Potential For Additional Revenue From Existing Detached Three Car Garage (insulated, heated & electricity). Separately Metered Hydro, Radiant Heat With 3 yr Old 95% Efficiency Boiler. Roof 2017, Windows 15 yrs. Attractive Financing Available With VTB Offering. As We Continue To Experience A Housing shortage In Toronto, This Is A Magnificent Opportunity For Unit Ownership & Densification Potential. Location location! This 7,642.37 ft² (0.175 ac) of land is located in the high demand area of East York. Easy access to subway, DVP, The Beach and to core of the city. Lots of new development in the area making this a solid investment.
* Values are estimates only and not a guarantee of lending or affordability.
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