Just the Facts
Apartment | Separate Entrance
25 x 125
Detached Garage | 2
About the Property
An Ideal Investment Property In The Heart Of The Junction Triangle – 42 Macaulay Avenue
With the average list price for a detached Junction/Toronto home sitting just over the $1 million dollar mark, and the average rental cost for a one bedroom apartment sitting at just over $1,800 (plus utilities), finding a real estate opportunity like 42 Macaulay Avenue is a rarity.
Here’s why: Not only is this home a classic brickstone detached build situated in the heart of Toronto’s coveted Junction Triangle neighbourhood (a steal when looking at comparable home prices), but it’s brilliantly (and tastefully) separated into 3 individual apartment units – that’s 3 + 1 bedrooms, 3 kitchens, and 3 bathrooms – an ideal investment opportunity for the real estate savvy.
This is a place that has loads of upgrades and plenty of designer details. No need to raise a hammer, plot a major gut-job, or re-invent the wheel. (Great news for you, but also for renters out there who are looking for their next place to call home…and there’s a lot of renters these days).
So, forget the build…all you’ve got to do is buy it!
In fact, there are so many things we love about this property that we’ve included a list of things we love (below).
Things we LOVE:
Located in Toronto’s highly sought-after Junction Triangle neighbourhood – close to cafes, boutique, restaurants, markets, pubs, parks, schools, major roadways, the TTC, and more.
3 individual apartment units with plenty of upgrades and impressive finishes
Opportunity to live in one unit and rent out the rest – let your investment pay for itself!
Situated on a tree-lined residential side street across from a trendy new real estate development
2 car garage (easily converts to a studio or workshop)
If the Junction Triangle “proper” grows tiresome, residents just head-on over to visit neighbouring hot spots available in Roncesvalles Village and High park. And yet, it’s very hard to feel disappointed in this unique, and highly sought-after, slice of the city. An area that is consistently touched with the brilliance, innovation, and smart design, traditional of a modern-day rebirth.
Construction, new business, and support ‘shop local’ mentality, will continue to drive flocks of buyers to this neighbourhood. An area of the city that has shown power in reinvention. A place that’s theme song just might be “My Way”. A neighbourhood, that embraces the young, the old, families, newlyweds, swinging-singles, loners, and socialites – all at once.