248 Pape Ave., Leslieville
Detached • Duplex w/ Basement Apt. • Corner Lot
Jen Tripp, Sales Representative, Harvey Kalles Real Estate Ltd., Brokerage, 2145 Avenue Rd., Toronto, ON, M5M 4B2
Phone: 416-697-5528 Email: Jen@JenTripp.com
Welcome to 248 Pape Ave.!
A sweet house in the heart of Leslieville. Keep as an income property, renovate it to your own dream home, or a hybrid solution with a principal residence with a supplementary income property.
This income property is DETACHED house on a corner lot at Dundas and Pape. The property is zoned as a duplex with a basement apartment. It is set up as:
- One 2 bedroom apartment on the 2nd floor
- One 2 bedroom apartment on the ground floor.
- One 2 bedroom apartment in the basement.
- 2 parking spaces rented out in rear laneway.
The house is fully tenanted and there are no leases in place. Due to Covid-19 and tenants all offers need be Conditional of Inspection. Average price of condos at Carlaw and Dundas is between $970-$1000/sf.
The house backs onto an assumed laneway called Filmic Lane. There is enough space to build a laneway suite which is a permitted use with new (2018) as-of right laneway zoning. It is best to check with a Laneway consultant, and the City of Toronto for specific requirements.
· Walk Score 96 / Transit Score 96 / Bike Score 92
Leslieville is a fully walkable community…
- Great restaurants such as the Maple Leaf Tavern and the deliciously affordably Hanoi 3 Seasons are a 5 min and 9 min walk respectfully.
- The wonderful French Bistro Gare l’Est and the Crow’s theatre are 1 block away. Dinner and a show 2 minutes away!
- Leslieville’s coffee scene is arguably the best in the city: Dark Horse, Mercury, Tango Place, Te Aro, Dineen Outpost (My personal favourite) to name a few.
- Small grocery store Fruitful is around the corner and Rowe Farms grocery is (11 mins.)
- No Frills/ Shoppers within an 8 min walk. Eaton’s Centre only 3.6km West.
248 Pape already a great bike score, but it’s likely to get close to 100 with the recent addition of the divided Dundas Bike lane and the new Bike Share station at Carlaw/ Dundas (250m).
Car Share: Dozens of car share cars within 400m including right across the street.
Transit: Pape 72 which goes direct to Union (South) and Pape Station (North). Queen 501 (450m South), Carlton 506 (300m) North. Plus Carlaw and Gerrard is future home of major transit hub – GO Station and downtown relief line stop.
Schools: This house in in district for Leslieville PS, The Duke of Connaught (with French Immersion, or Extended French), plus the highly sought after Riverdale Collegiate Institute. RCI is almost impossible to get into out of district. Children can walk to school.
· Click for a Digital Walking Tour
For more information or to arrange a private showing please contact Jen Tripp, Sales Representative.
Harvey Kalles Real Estate Ltd., Brokerage
2145 Avenue Rd., Toronto, ON, M5M 4B2
Mobile: 416-697-5528
Email: Jen@JenTripp.com
Asking Price $1,200,000
Taxes: $3,960 per annum
Yearly Income: $47,760
If you have any questions please do not hesitate to contact me.
Jen Tripp, Sales Representative
Harvey Kalles Real Estate Ltd., Brokerage
2145 Avenue Rd., Toronto, ON, M5M 4B2
Mobile: 416-697-5528
Email: Jen@JenTripp.com