16 Rosemount Avenue
Wychwood / Toronto C02, ON M6H 2M1
About This Property
Welcome to 16 Rosemount Avenue, a redeveloped, legal fourplex in midtown Toronto that underwent a complete gut renovation back to the studs in 2022/23. Originally conceived as a long term multi generation family investment, the property was intentionally designed for quality private residences and comfort. Unlike many Edwardian-era building renovations which focus on cosmetic changes, 16 Rosemount's rework included hydronic underfloor heating, energy recovery ventilators (ERVs) Mitsubishi Hyper Heat pump systems, engineer designed soundproofing and insulation and separate electrical metering (5). All new electricals, plumbing, energy efficient windows, new roofing, enormous decks for 3 units (each of which have gas outlets for barbecues). This means an investor faces zero capital outlays for years. The result is a building engineered for efficient operation, tenant ease and long-term ownership. Two units have gas fireplaces for added tenant comfort. The third-floor tenant enjoys high vaulted ceilings with a view over downtown Toronto with a window that spans the front of the house. The basement apartment benefits from a large deep window well and Bay window to bring in plenty of natural light. The quality of mechanics and structure is matched by quality finishings Each suite has been renovated with premium, durable materials and high quality appliances, principally LG and Bosch, and each unit includes ensuite laundry. Materials include premium hardwood and LVP flooring, quartz countertops, marble mosaic or ceramic tiles and carefully selected fixtures including lighting, all designed to withstand long term use without compromising appearance. These same design principles now create an exceptional rental asset for tenant satisfaction and long-term retention. Premium construction. Premium tenants. Premium opportunity.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® C13571806
Listed by REMAX CONNECT REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$12,696
/month · $2,079,920 mortgage
Amortization
Total Interest
$1,728,776
Total Cost
$3,808,696
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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