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$ 1,599,000
Est. payment /mo
New
16 Fennings ST Toronto C01, ON M6J 3B8
6 Beds
5 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Municipality Toronto C01
Subdivision Trinity-Bellwoods
MLS Listing ID C13795598
Style 2 1/2 Storey
Bedrooms 6
Annual Tax Amount $8,087
Tax Year 2026
Property Sub-Type Semi-Detached
Property Description
Power of Sale Opportunity! Renovated semi detached property featuring 3 separate units with the potential to generate approximately $10,000/month in gross rental income when fully leased. The front unit is currently rented at $4,200/mo while the two additional units are vacant and recently renovated. Perfect for investors seeking strong rental income or end users looking to live in one unit while collecting rental income from the other two, helping significantly offset mortgage and carrying costs. Further upside with the potential to build a laneway home with 2 additional units subject to approvals and due diligence. Located in an excellent, highly desirable area within walking distance to vibrant neighbourhood amenities, restaurants, cafes, shopping, transit and more. A rare opportunity combining strong income potential, flexible living options and addition of potential laneway units increasing future value and upside!
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Rooms
Family Room No
Basement Separate Entrance, Finished, Walk-Up
Kitchen 3
Interior
Interior Features Sump Pump
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 25.0
Lot Depth 130.67
Total Parking Spaces 4
Building
Foundation Concrete
Others
ParcelsYN No
Virtual Tour https://www.houssmax.ca/vtournb/c1886240
Listed by ROYAL LEPAGE TERREQUITY REALTY