62 Newmarket Avenue, Toronto, ON M4C 1V9

$999,000
5
BD
3
BA
1,500
SqFt

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List Price
$999,000
MLS#
E13825474
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
2-Storey
Bedrooms
5
Bathrooms
3
Living Area
1500-2000
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Woodbine-Lumsden
Subdivision
Main St/Danforth Ave

Property Description

Welcome to 62 Newmarket Avenue, a beautifully updated detached duplex in the heart of East York's sought-after Woodbine-Lumsden/Danforth Village neighbourhood. Perfectly suited for multi-generational families, or owner-occupiers seeking mortgage helper potential. This versatile home combines modern updates, separate living spaces, and excellent income stability. Pride of ownership is evident throughout this extensively upgraded property. Improvements were made to electrical, plumbing, insulation, mechanical systems, and living spaces. The main portion of the home offers bright, spacious living areas, an updated kitchen and bath, and a living/dining area ideal for family living or entertaining. The basement has been fully renovated and transformed into a two-bedroom suite that has a separate entrance. Upgrades include quartz kitchen countertops, laundry room, updated ductwork, and an insulated entrance door. The lower level is currently tenanted and provides immediate rental income. The prime East York location is steps to the TTC, GO, Danforth Ave, shops, restaurants, and more. This opportunity is a rare combination of an updated family home and an income suite in one of Toronto's most livable neighbourhoods. A turnkey property like this will not last long!

Additional Information

Taxes
$4,895
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
2
Exterior
Brick
Garage Type
Detached
Pool
None
Parking Type
None

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD..