125 Sorauren Avenue
125 Sorauren Avenue
For Sale: $3,299,000
- 5 + 2 Bedrooms
- 4 Bathrooms
Kings & Queens of the urban investment jungle: we have a real winner over here. Absolutely stunning century home entirely rebuilt in 2017 to house 4 fully serviced apartments (or 3 with a fab owners suite) each complete with outdoor space, soundproofing, new kitchens/bathrooms, A/C & hardwood flooring. Current income $165K/year!! Two blocks from shopping, restaurants & all other necessities. Huge, mature trees creating green canopy on every street. Moments to High Park & Sorauren Park Farmers Market, tennis courts, kids playground & dog walking zones. This is a run & not walk situation. A rare investment opportunity you can sink your teeth into.
- New and bright streaming with east light all day into kitchens and dining rooms and west light into living rooms and in the evening.
- All new finishes and acoustic separation between units.
- Spacious layouts.
- Private outdoor spaces for all units and a quiet and private common garden in rear.
- High end finishes in marble, hardwood, solid wood trim and brass hardware.
- Building nets $13,600 per month pandemic pricing and $14K per month previously.
- Gutted and completed in 2017 with all new fittings and mechanical
- Separate heating and cooling systems and electrical in each suite
- Acoustic insulation throughout
- Fire separations between all suites and rooms
- New appliances, kitchens, bathrooms, window coverings, washer and dryer in each suite
Possession | As soon as possible (before the end of the year)
Property Taxes | $10,200 / 2020
Size | 3,392 Total Square Feet (2,541 Square Feet Above Grade)
Lot Size | 25.33 x 100 Feet
Mechanics | Forced Air / Gas & Central Air
Inclusions | Appliances – 4 x fridge, 4 x cooktop, 4 x wall oven, 4 x microwave, 4 x washer/dryer, 3 x air handlers, 1 x whole house boiler with holding tank, all electrical fixtures, all window coverings & floating cabinet on second floor landing/hallway.
Exclusions | Furnishings throughout (all items negotiable). Any and all items/fixtures belonging to the tenants.