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50 GLEN MANOR DRIVE, Toronto (The Beaches), Ontario

$1,725,000

6 bed · 1 bath

MLS® E14135874

RARE INVESTMENT OPPORTUNITY IN TORONTO'S HIGHLY DESIRABLE BEACHES COMMUNITY! MUST BE SEEN! An exceptional opportunity to purchase a meticulously maintained, solid-brick, semi-detached 4-unit multiplex, individually or together with the adjoining 3-unit property, offering a combined total of 7 residential units! Located just one block from Lake Ontario, this outstanding property offers an ideal combination of location, lifestyle, flexibility and rental income potential. Perfect for investors, owner-occupiers, extended families or multigenerational living! Live in one unit while generating rental income from the others, or enjoy the flexibility of accommodating family members with their own private living spaces.This charming property features a unique and versatile floor plan, including a spacious third-floor 2-bedroom unit with an open deck terrace, a middle-level 2-bedroom unit, and two lower-level units consisting of a 1-bedroom apartment and a bachelor apartment, both currently vacant! Additional highlights include a garage and rear parking for 2 vehicles with access via a shared laneway, beautifully landscaped low-maintenance grounds, and numerous thoughtful improvements and upgrades throughout. Lovingly maintained by longtime owners, the property retains much of its original character and charm, including beautiful oak hardwood floors, while offering the conveniences of modern updates. Enjoy the best of Beaches living, just steps from Lake Ontario and close to the Boardwalk, parks, shopping, restaurants, public transit and neighbourhood amenities. Whether you're seeking a long-term income-producing investment, a home with supplemental rental income, or a flexible property for present or future family use, this exceptional opportunity offers tremendous possibilities in one of Toronto's most sought-after neighbourhoods. DON'T MISS THIS RARE OPPORTUNITY! PLEASE REVIEW THE PROPERTY INFORMATION AND PHOTOGRAPHS. THANK YOU FOR SHOWING! (id:56426)

MARIO COLANGELO

Listed by REMAX YOUR COMMUNITY REALTY

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
21,602
Median household income
$125,447
Median home value
$1,559,396
Owner-occupied
63%
Homes for sale
122
Median list price
$1,299,000

Source: Statistics Canada 2021, LiveBy

Map of The Beaches
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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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