464/462 Sammon Ave

East York investment Opportunity

Property Details

  • Bedrooms: 3+1
  • Bathrooms: 3
  • Type: Semi Detached
  • Parking: 2
  • Basement: Separate Entrance
  • Cross Streets: Sammon Ave @ Coxwell Ave

Property Description

Introducing a prime real estate opportunity in the heart of East York – a meticulously maintained investment property with immense potential. Currently operating as a duplex with A+ tenants on the upper floor, this property is expertly structured for effortless conversion into a triplex, presenting a lucrative opportunity for savvy investors. Each unit offers its own separate entrance, has a separate 100 amp hydro meter but home could easily convert back into a single-family home, making this the perfect opportunity for an investor looking for a flexible space.

This main floor unit offers a perfect blend of comfort and convenience, with a generously sized bedroom and well-appointed large kitchen with direct access to covered terrace in the backyard. Lower unit has been upgraded with vapour barrier and soundproofed and is a versatile space that can easily be transformed into a charming one-bedroom apartment. or could be the perfect opportunity for an intergenerational family setup, accommodating diverse living arrangements for modern families.

Expansive upper unit boasts two bedrooms and a spacious family room with a new gas fireplace. Family room provides the option for it to double as a third bedroom, home office or cater to a variety of tenant needs.

Convenience is key with laneway parking available, setting the stage for future development possibilities. This feature not only enhances the property’s appeal but also provides added value and flexibility for potential expansion or customization projects.

Don’t miss the chance to invest in this mechanically sound property, with a new oversized state-of-the-art boiler for rads and water tank, an updated plumbing system and a foundation recently waterproofed and under warranty, this home is a rare find in a coveted community. Located steps to parks, hospitals, schools, transit and all of the amenities that make East York one of the most sought after places in the GTA.

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Walkthrough Video

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