49 Beatrice Street

House for sale in Toronto — $2,799,000

49 Beatrice Street — photo 1

Key facts

Description

Exceptional, one-of-a-kind investment opportunity offering an outstanding 5% cap rate in the heart of coveted Trinity Bellwoods. Completely renovated back to the brick with uncompromising craftsmanship, this legally registered fourplex features a rare 3 storey addition that significantly expands the property's footprint - a feature seldom found in neighbourhood homes. Purpose built and luxuriously finished divided into 4 two-bedroom suites, each with private outdoor space and spectacular CN Tower views. The executive residences have been thoughtfully designed with custom gourmet kitchens, expansive open-concept living spaces, new hardwood floors, spa-inspired bathrooms, and generously proportioned bedrooms, creating a premium rental product that consistently attracts quality tenants. Extensively upgraded throughout, the property includes three high-efficiency HVAC systems, a fully underpinned and waterproofed basement with over 8-foot ceilings, new roof, new windows, rare 1-inch water service, upgraded 300-amp electrical service, three separate hydro meters, fire-rated interior doors, exterior fire dampers, and a dedicated owner's mechanical room. The newly constructed detached two-car garage has already been spray foam insulated and roughed in for hydro and water, opening the door to exceptional future laneway potential. A true turnkey investment designed for effortless ownership, this asset delivers exceptional cash flow, remarkably low operating costs, minimal maintenance…

See the original listing at Century 21

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