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435 Mortimer Avenue
homes for sale · Toronto · Danforth Village-East York
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$1,299,000

435 Mortimer Avenue

Danforth Village-East York, Toronto · MLS® E13824052

33

House · Multi-family · 30 days on market

listed by DANA HRYNYK, RE/MAX ALL-STARS REALTY INC.

realtor's description

Not your standard income property! We are talking high end finishes no details or space has been overlooked. Welcome to 435 Mortimer Avenue, an income property in Toronto's Danforth Village-East York neighbourhood. Registered as a duplex with a basement apartment, the home currently offers three self-contained living spaces, each with its own kitchen, four-piece bathroom, and laundry. Every level has been thoughtfully laid out to make the most of its space, creating comfortable, independent homes well suited to city living.The main-floor one-bedroom suite features hardwood floors, a separate living room, and an updated eat-in kitchen. Upstairs, the bachelor-style suite offers hardwood floors and access to a beautiful private large patio/balcony, along with a new washer and dryer. The lower-level one-bedroom apartment has an open kitchen and living area, a separate bedroom, and its own laundry.Fully tenanted with an established rent roll, this is a compelling opportunity for an investor. The existing tenants willing to stay, offering continuity for a buyer looking to maintain the property's current rental use. The flexible layout may also appeal to multigenerational families or first-time buyers interested in exploring the possibility of living in one space while rental income from the others helps with ownership costs. Its East York location offers a residential setting with convenient access to downtown Toronto. Included in the sale are three fridges, three stoves, three washers and dryers, existing light fixtures, window coverings, and an owned on demand hot water heater. With independent entries and amenities on every level and income already in place, 435 Mortimer offers both immediate appeal and options for the future uses. Don't miss the exceptional opportunity that doesnt come along often. Roof - 2016, Air Conditioning - 2018, Owned tankless water heater - 2023.

property details

type
House, Multi-family
bedrooms
3
bathrooms
3
parking
0
property tax
$5,870 / yr
days on market
30
MLS®
E13824052

features

  • Carpet Free
  • In-Law Suite
  • Washer
  • Refrigerator
  • Stove
  • Dryer

monthly cost

$6,149/mo
Mortgage $5,660 · Tax $489

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$5,660/ monthly
loan $1,039,200
25-year amortization
total interest
$658,686
cash to close
$259,800
down payment; transfer tax and fees not included
total paid
$1,697,886

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Danforth Village-East York, TorontoGoogle Maps ↗

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listed by
DANA HRYNYK
RE/MAX ALL-STARS REALTY INC.
call DANA · 905-852-6143
Powered by: REALTOR.ca
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location

Danforth Village-East York, TorontoGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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