Like its sister property #45 Northcote Avenue, 47 Northcote Avenue is a Semi-Detached Legal Triplex with a 4th legal non-confirming Unit. Approvals received for adding a full new basement apartment with separate front entrance.You're in the heart of West Queen West. Both properties are Victorian era 3 story Bay and Gable brownstones with optimum income for owners who intend to live here and rent out a part of the home. If you combine both properties in one purchase, they could form a 8-PLEX and could appeal to FOREIGN INVESTORS. All 4 units are above grade. See floor plans for layout. Main floor has 2 1-bedroo vacant apartments. New owner can move in, get top rents, or renovate into a large new unit. 47 Northcote backs onto a laneway that already showcases a multitude of incredible neighbouring coach houses. From its rooftop deck the Toronto Skyline views are incredible. It's a live-in Investment - a property in a great location where as your lifestyle and family expands, so can your footprint. For a pure investor, you are maximizing rent and taking advantage of future price appreciation in the hottest real estate pocket of Toronto. Beaconsfield Village's Northcote is book-ened by dreamy Beaconsfield Avenue with its mid-1800s brownstones and fabulous coach houses, anchored by Queen West's famous Drake hotel and The Gladstone. Torontonians call this area their ""favourite to hang out"", meet up with friends, or start a life together. Top restaurants, fantastic dessert and coffee shops, and famous bars. #45 & #47 together span 43+ feet of frontage and approximately 123 feet of depth. See the attachments for Financials. #45 / are available to be purchased together or separately. With already approved expansion plans, financials will surely go up. **** EXTRAS **** Multiple Parking spots at rear, via laneway. All appliances, HVAC equipment included. Full basement with storage and approvals for another apartment. (id:51532)
