50 MELROSE Ave

FOR SALE
$850,000
Sold
$875,000
50 MELROSE Ave, West Centre Town
50 MELROSE Ave
50 MELROSE Ave
50 MELROSE Ave
50 MELROSE Ave
50 MELROSE Ave
50 MELROSE Ave
50 MELROSE Ave
50 MELROSE Ave
50 MELROSE Ave
0
BEDROOMS
0
BATHROOMS
0
KITCHENS
0
ROOMS
X9523911
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-22 2024-10-26 4 $850,000 $875,000 Sold
Property Description
Flooring: Vinyl, Introducing An Exceptional Blue Chip Investment Opportunity In Hintonburg! This Charming Duplex Offers Two Spacious Two-Bedroom Units. The Top Unit (Two Storey) Is Currently Rented For $2500 While The Main Floor Unit Is Currently Owner Occupied Allowing A New Purchaser To Do The Same Or Fetch A Market Rent. Both Units Are Newly Renovated With The Design Conscience In Mind. Nestled In A Prime Location, Residents Enjoy The Convenience Of Being Within Walking Distance To Public Transit And All The Amenities That Hintonburg Has To Offer. Whether You're Looking To Diversify Your Portfolio Or Seeking A Reliable Income Stream, This Property Promises Both Stability And Growth Potential. Don't Miss Out On This Rare Chance To Own A Prized Asset In One Of The City's Most Sought-After Neighbourhoods! Note: Two Tandem Parking Spaces Included. Upper Unit Rent 2500/Month, Lower Unit Vacant On Possession Projected 2200/Month. Offer Received Being Reviewed Saturday The 25Th 1Pm., Flooring: Hardwood, Flooring: Ceramic
Property Details
Property Type
Duplex
Similar Listings
9 MELROSE Ave, West Centre Town
0
BEDS
0
BATHS
$850,000
FOR SALE
Mixed-use Victorian on quiet tree-lined street in Hintonburg w/ strong visibility to pedestrian traffic on bustling Wellington West. Flexible TM zoning. The existing configuration includes main floor commercial space occupied by a small cosmetics business & fully updated residential unit on the upper floors. Main floor commercial unit offers reception, 2 enclosed offices, a powder room & kitchen. The spacious 2-storey residential features modern kitchen, bath, hardwood & gas fireplace. Long driveway & spacious backyard offer ample parking for commercial uses or a private sun-filled yard. The building is incredibly well located surrounded by the cities finest amenities and necessities making it extremely easy to find high quality long term tenants. Commercial unit rented for $2550 + tax (2,881.5). Residential unit $2095., Flooring: Hardwood, Flooring: Carpet W/W & Mixed
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