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Toronto W06,ON M8W 3V5
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Municipality Toronto W06
Subdivision Alderwood
MLS Listing ID W11973455
Style Bungalow
Bedrooms 3
Annual Tax Amount $7,409
Tax Year 2024
Property Sub-Type Other
Property Description
Welcome to 618 Browns Line, a versatile investment opportunity in Toronto's vibrant Alderwood community! This mixed-use property offers immediate income potential, featuring a 349-square-foot commercial unit on the main level, currently leased to a tenant on a month-to-month basis who would like to stay. Whether you're an investor seeking steady cash flow or an entrepreneur looking to establish a business, this property is a fantastic option.The residential portion of the building provides additional income potential, or the opportunity for owner-occupied living with a commercial rental to offset mortgage costs. The 52 ft x 140 ft lot sits on a high-traffic corner, ensuring excellent visibility and future development potential. This property is located in a high-demand neighbourhood, with residential growth and redevelopment making it a strategic long-term investment. Whether you're looking to hold and rent, redevelop, or occupy and operate a business, 618 Browns Line offers incredible flexibility and potential. Don't miss this unique opportunity to own a mixed-use property in a sought-after Toronto location!
Location
Province ON
County Toronto
Community Alderwood
Area Toronto
Rooms
Kitchen 2
Interior
Interior Features Other
Exterior
Garage Spaces 7.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 52.0
Lot Depth 140.0
Total Parking Spaces 7
Building
Foundation Unknown