Prime Investment Property on a Spacious 67 x 120.75 Lot with Steeles Avenue Exposure.** This versatile property offers flexible usage options, having been renovated in 2019 with numerous upgrades. Utilize the main floor as your professional office and rent out the additional units for extra income. The property features an extra-large driveway accommodating up to 7 cars, along with a detached garage. Positioned on the south side of Steeles Avenue in Toronto's Newtonbrook East area, this is an ideal opportunity for investors seeking significant returns. Potential for future development makes this a standout investment. High return income property with 5 individual units.
Address
185 Steeles Avenue E
List Price
$1,588,000
MLS® Status
New
Expiration Date
2026-05-10
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
1 1/2 Storey
Transaction Type
Sale
Area
Toronto C14
Sub-Area
Newtonbrook East
Region
Toronto
Bedrooms
4 + 2
Bedrooms (Total)
6
Rooms Above Grade
12
Rooms (Total)
12
Bathrooms
5
Floor Area
1500-2000 Sq. Ft.
Lot Depth
120.75
Lot Size Units
Feet
Lot Width
67
Parcel Number
100260010
Occupant Type
Tenant
Cross Street
Bayview/Steeles
MLS® Number
C12616646
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Basement Area
Finished, Separate Entrance
Postal Code
M2M 3Y6
Parking
Private
Parking Places (Total)
8
Parking Spaces
7
Tax Amount
$7,088.52
Tax Year
2024
Interior Features
Storage
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Source
Gas
Heat Type
Forced Air
Cooling
Yes
Cooling Features
Central Air
Construction Materials
Aluminum Siding
Direction Faces
South
Fireplace
No
Foundation Details
Concrete
Garage
Yes
Garage Type
Detached
Attached Garage
No
Covered Spaces
1
Kitchens Total
5
Kitchens Above Grade
3
Kitchens Below Grade
2
Pool Features
None
Roof
Shingles
Tax Legal Description
Parcel 62-1, Section M1138 Lot 62, Plan 66M1138
Waterfront
No
Waterfront
None
Sewer
Sewer