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Hamza Nouman, REALTOR®
3 Midburn Avenue — property photo
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3 Midburn Avenue, Toronto E03

Toronto E03

$1,099,000

Detached4 bed / 3 bath10 DOM~1,300 sqft
Legal Suite

Cash flow, cap rate & mortgage breakdown

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Listed by WRIGHT REAL ESTATE LTD.

Investment Analysis

Key Facts

Type

Detached

Bedrooms

4

Bathrooms

3

Days on Market

10

Price Drop

None

Year Built

N/A

Status

Active

Basement Income

Legal Suite (+$1,400/mo)

Rent Estimate

Main unit (3 bed)$3,200/mo
Legal suite (1 bed)$1,400/mo
Total Est. Rent$4,600/mo

Estimated from market price-to-rent ratios

Remarks

Welcome to your sanctuary in the city. This stylish renovated picture perfect detached brick house offers comfortable living in this east end sweet spot; a quiet street away from the hustle and bustle but with an abundance of conveniences nearby. You will love the main floor open concept living room dining room and a designer kitchen featuring back lit Onyx, top appliances and custom cabinetry. Second floor has 3 bedrooms with two featuring convenient built-in Murphy bed/desks perfect for a home office/remote work set up. Added income with a fully renovated legal basement apartment that could be easily joined with the rest of the house. Smart design allowed the main house to retain part of the basement for laundry and storage. The fully permitted undepinned basement has high ceilings and separate walk out and is currently tenanted with a AAA tenant ($1,400/mo). Parking is accessed by a spacious mutual drive and the beautiful and sunny garden offers ample outdoor space to enjoy. Play in the backyard or relax on the lovely front porch. Wonderful Dentonia Park (playgrounds, splash pad, multi purpose fields) is at the end of the street and outdoor enthusiasts will love the parks and trails of Taylor Creek. Danforth is a short walk with TTC/subway + GO station close by. Great public TDSB schools - Secord (JK-5), DH Morrison (6-8), East York Collegiate (9-12), St Brigid (Catholic) w/ French immersion options. See attachments for Garden suite potential. Move right in!

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