About this home

Newly built, thoughtfully designed residence offering a rare opportunity to own a multi-suite property with over 4,402 sq ft., comprised of four spacious, two-story townhome-style suites. Each suite features 2 bedrooms and 2 to 3bathrooms, carefully laid out to maximize both functionality and comfort. The interiors are finished with contemporary design elements throughout, highlighted by sleek kitchens equipped with stainless steel appliances, stone countertops, and generous cabinetry. Bright and airy principal rooms are complemented by large windows and elevated ceiling heights, creating a warm, inviting living environment across all units. Three units have balconies and patios with gas connections for BBQs. The lower level is enhanced with radiant-heated polished concrete floors, delivering both modern appeal and year-round comfort. Additional features include in-suite laundry, electric fireplaces, efficient forced-air heating, and central air conditioning, ensuring convenience and ease of living for both owners and tenants. Located within the prestigious Wychwood / Hillcrest enclave, this address offers a refined urban lifestyle defined by character, culture, and convenience. Situated steps from transit along Davenport and near Ossington, the property offers easy access to surrounding neighbourhoods, parks, and local amenities, earning the area a reputation as a"Walker's Paradise. Just minutes from St. Clair Avenue West, residents enjoy easy access to shops, cafés, restaurants, and everyday essentials, along with convenient TTC transit connections to downtown Toronto and surrounding neighbourhoods.

What's included

Ownership Opportunities-This versatile property lends itself to a variety of ownership structures: Owner-Occupier Investment: Live in one suite while generating strong rental income from the remaining three units. Alternatively, the Builder can combine Two or More suites to create a larger family home while renting out the remaining units. Co-Ownership Model: Ideal for joint ownership, with each party owning two suites-living in one while generating income from the other.Multi-Generational Living: A practical solution for extended families seeking proximity with privacy, allowing each household to enjoy its own self-contained space. Pure Investment: A turnkey income property offering an attractive projected cap rate of approximately 5%. Gross Rent (Est) $177,600 per annum and Net Operating Income of approximately $154,554 per annum.