49 BEATRICE STREET, Toronto M6J2T2

Toronto's best investment property, offering exceptional value for a truly bespoke income property in the heart of coveted Trinity Bellwoods. Delivering an outstanding 5.2% cap rate, this legally registered fourplex has been completely renovated back to the brick including a rare three-storey addition which drastically expands the property's footprint. The result is an extraordinary combination of scale, functionality and income potential seldom found in the neighbourhood. Opportunity to move right into one of the units and enjoy one of Toronto's most desired pockets. Purpose built and luxuriously finished divided into 4 two-bedroom suites, each with private outdoor space and spectacular CN Tower views. The executive residences have been thoughtfully designed with custom gourmet kitchens, expansive open-concept living spaces, new hardwood floors, spa-inspired bathrooms, and generously proportioned bedrooms, creating a premium rental product that consistently attracts quality tenants. Extensively upgraded throughout, the property includes three high-efficiency HVAC systems, a fully underpinned and waterproofed basement with over 8-foot ceilings, new roof, new windows, rare 1-inch water service, upgraded 300-amp electrical service, three separate hydro meters, fire-rated interior doors, exterior fire dampers, and a dedicated owner's mechanical room. The newly constructed detached two-car garage has already been spray foam insulated and roughed in for hydro and water, opening the door to exceptional future laneway potential. Perfectly located just steps to Ossington Avenue, Dundas Street West, College Street, Little Italy, Trinity Bellwoods Park, transit, cafes, boutiques, and some of Toronto's finest restaurants. Rarely does a property of this calibre become available! Perfect for discerning investors. Priced to sell! (id:10452)