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$ 1,300,000
Est. payment /mo
New
618 Brown's Line Toronto W06, ON M8W 3V5
3 Beds
3 Baths
UPDATED:
02/14/2025 06:31 PM
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 5.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 52.0
Lot Depth 140.0
Total Parking Spaces 7
Building
Foundation Unknown
Listed by RE/MAX HALLMARK REALTY LTD.