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$824,850
Est. payment /mo
3 Beds
3 Baths
1,860 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1860
Square Footage 1,860 sqft
Price per Sqft $443
Subdivision 220 - St. Clair/Blakeley
MLS® Listing ID 40833032
Bedrooms 3
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Freehold
Appx SqFt 1860
Property Description
Welcome to 227 Sherman Avenue South! An excellent investment opportunity in the highly desirable St. Clair neighbourhood, this impressive 2.5-storey brick multi-residential home is surrounded by beautiful character properties and located just minutes from Gage Park, the Bernie Morelli Recreation Centre, schools, shopping, downtown access, and major highways. Set in a high-demand rental area, the property offers three above-grade one-bedroom units, with the main-level unit currently vacant…ideal for an owner-occupant looking to live in one unit while generating rental income from the other two. Investors will appreciate the strong rental potential, separate hydro meters, common laundry facilities in the basement, common front entry and foyer, steel fire escapes, durable steel roof, new owned hot water heater in 2025, and new boiler furnace in 2025. A fantastic opportunity to add a well-located income property to your portfolio or step into multi-residential ownership with built-in flexibility. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Radiant heat,
Cooling None
Exterior
Parking Features No
Community Features Community Centre
View Y/N No
Attached Garage No
Garage No
Private Pool No
Building
Story 2.5
Sewer Municipal sewage system
Others
Ownership Freehold
Virtual Tour https://www.myvisuallistings.com/vtnb/363882
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Listed by RE/MAX Escarpment Realty Inc.
Nearby School & Business
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