119-121 Cheritan Ave

FOR SALE
$5,099,000
Suspended
$0
119-121 Cheritan Ave, North York
119-121 Cheritan Ave
119-121 Cheritan Ave
119-121 Cheritan Ave
119-121 Cheritan Ave
119-121 Cheritan Ave
119-121 Cheritan Ave
119-121 Cheritan Ave
119-121 Cheritan Ave
119-121 Cheritan Ave
9 + 6
BEDROOMS
10
BATHROOMS
6 + 4
KITCHENS
46
ROOMS
C4443054
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2019-05-08 2019-07-26 79 $5,099,000 - Suspended
Property Description
This Residential Multiplex Is Located In Coveted Lytton Park And Has 10 Units (6 Legal, 3 Non-Conforming Plus 1 More Legal Unit, Which Is In The Process Of Being Built). This Building Is Situated On A Stunning Pie Shaped Corner Lot On The Ravine (Approx 1/3 Of An Acre). Most Units Renovated. Includes 6 Car Parking. Amazing Schools (John Ross, Gleview, Lpci, Havergal) & Short Walk To Yonge & Lawrence
Extras
Incl: 10 Kitchens, 6 Two Bedroom Suites, 4 One Bedroom Suites. 6 Ensuite Washer/Dryers + 1 Shared Coin Laundry. $250,160 Gross $32,161 Expenses. 4.2% Cap Rate & Room To Improve. Roof '16, Boiler '18, Sump Pumps '14, 2 Hwt Owned.
Nearby Intersections
Property Features
Clear View, Library, Park, Public Transit, Ravine, School
Property Details
Property Type
Multiplex, 2 1/2 Storey
Lot Size
72' x 152'
Lot Irregularities
Pie Shaped- Widens To 107 Ft.
Fronting
South
Taxes
$17,882 (2018)
Basement
Apartment, Fin W/O
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
6
Driveway
Rt-Of-Way
Garage Type
None
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Welcome to 3048/3046/3044 Dundas St W. This three-story mixed-use building sits on a prominent corner lot in the bustling Junction area. Main floor features two long-term commercial tenants, the popular Axis Bar and an art gallery. Upper two floors feature six residential units, each with their own laundry, furnace, and A/C. All tenants pay their own utilities. Residential units include three 2-bedrooms, two bachelors, and one 1-bedroom. Truly an exceptional opportunity for investors or future developers. Don't miss out on this gem in The Junction!
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