54 Metcalfe St
FOR SALE
$3,339,900
Expired
$0
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8
BEDROOMS6
BATHROOMS6
KITCHENS25
ROOMSC6624616
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-29 | 2023-09-29 | 92 | $3,339,900 | - | Expired |
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Property Description
Legal Multiplex!! Located on Metcalfe St, one of the most gorgeous treelined streets in Cabbagetown this heritage property (circa 1890) has been lovingly maintained and painstakingly upgraded by the same owner for over 20 years!! This gem contains six fully rented apartments in total, three two bedroom units, two one bedroom units and one bachelor suite all containing quality tenants. Upgrades and features include windows, electrical, roofing, hvac systems, foundation waterproofing and the list goes on. On site laundry and parking for six cars at rear of property make this an unbelievable investment property!! (Unheard of in the downtown core!). Steps to transit, shopping and all amenities. Live in one unit and rent out the other five, or even better rent all six units out, the choice is yours! Investment properties in areas like this are never a bad idea.
Nearby Intersections
Property Features
Arts Centre, Library, Public Transit, Rec Centre, Terraced
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Lot Size
21' x 181'
Lot Irregularities
As Per Survey
Fronting
East
Taxes
$9,188 (2023)
Basement
Finished, W/O
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
None
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Similar Listings
Newly completed multi-unit/multiplex residential property with occupancy status ideal for owners, operators, investors, and developers interested in various utilization options: full occupancy, partial occupancy with leasing opportunities, or complete building rental. Potential enhancements include constructing additions such as a third floor or garden suite to expand living or rental space, or complete redevelopment to maximize utilization and returns.
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