Making Homes Famous Realty

47 Northcote Avenue, West Queen West Toronto

$ 2,575,000.00
7
Beds
5
Baths
2-Rear Laneway
Garage
N/A
Stories
Bungalow
Year
N/A
Garage
2-Rear Laneway
Amenities
  • N/A

47 Northcote Avenue – Beaconsfield Village – West Queen West

 

Like it’s sister property – 45 Northcote Avenue – when it comes to the most exciting real estate in the West Queen West area of Toronto, 45 and 47 Northcote Avenue’s beautiful Victorian era brownstone offer so much for the owners and investors.  As one of the premier streets in Little Portugal’s Beaconsfield Village, Northcote is book-ened by the dreamy Beaconsfield Avenue with its mid-1800s brownstones and fabulous coach houses, anchored by the famous Drake hotel on Queen Street, and Gladsone Avenue, (also on Queen St) which starts at the storied Gladstone hotel and stretches from Queen Street into Dufferin Grove and beyond.

Ask anyone who still dares call themselves a hipster, or a local tech billionaire or successful entrepreneur and they will quickly identify this pocket of Queen West as the most desirable one to call home.  This is where Toronto calls its favourite area to hang out on the weekend, surrounded by top restaurants, fantastic deser and coffe shops, and famous bars.  Just ask a hollywood movie star where they like renting homes while they are in town.

Between the two properties you have nearly 43 feet of frontage and approximately 123 foot deep lot.  #47 is a legal 4 plex with a basement waiting to be completed for a fourth fabulous apartment.  The uper three apartments are beautiful and the current rents add up to $10,300 per month with tenants paying own utilities.  With already approved expansion plans, these rents can be significantly augmented.  An additional 2.5% rent hike is also permitted.

 

Showings of 47 Northcote Avenue along with 45 Northcote Avenue are by appointment only and can be booked through your agent or with us directly at: (647) 209-4004   Yan@MakingHomesFamous.com

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