214 HANNAH STREET Street
Vanier and Kingsview Park, ON K1L 7M7
About This Property
Renovated Legal Duplex Take advantage of a unique legal duplex opportunity before the spring market heats up! Whether youre an investor or looking for a home with rental income, this property combines modern renovations, strong financials & redevelopment potential. Property Features: 2 Units: Unit 1: Lower Unit Bright 2-bedroom unit rented at $1,790/month until Sep 2025. Unit 2 : Upper Unit Renovated 3-bedroom unit with modern finishes, rented at 1,990/month. Separately metered, tenants pay all utilities. Separate Garage: Perfect for storage or additional rental income. Zoning: R4 excellent potential for redevelopment or future expansion. Why This Property is a Smart Buy: Investors: Gross Income: $45,360/year, Net income after expenses: $39,050. ROI: Solid 5% at the current list price. Homeowners: Move into the vacant unit and let rental income help with your mortgage! Financial Snapshot: Annual Property Taxes (2024): $4,678. Annual Insurance: $1,632, Flooring: Hardwood, Flooring: Laminate
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X10629536
Listed by EXP 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
Listed By
EXP REALTY