Discover the ultimate flexibility in Toronto's vibrant east end! Welcome to 11 Ashland Avenue-a beautifully renovated, fully detached three-storey home that seamlessly adapts to your lifestyle.
Whether you are looking for an expansive forever home, a savvy primary residence with a rental helper, or a premium addition to your investment portfolio, this property delivers on every front.Spanning nearly 2,200 square feet of bright, above-grade living space, the main residence features 4 spacious bedrooms and 3 bathrooms, ideal for growing families who need room to live, work, and play. On the lower level, a bright, separate 2-bedroom, 1-bathroom basement apartment generates $2,250 per month in reliable rental income.
For an owner-occupant, this income could qualify you for approximately $400,000 in additional mortgage financing. For a pure investor, the entire property offers a lucrative total rental potential of $7,750 per month.Tucked away on a quiet, dead-end street with Orchard Park at your doorstep, this home offers a peaceful, family-friendly oasis with a fully fenced yard that feels like a cottage retreat. Yet, you are perfectly connected to the best of city life.
Enjoy a 15-minute stroll down to the beach and the boardwalk, or wander over to the independent shops, cafes, and restaurants in the Beaches or Leslieville. Commuting and exploring the city is effortless, with the 24-hour Queen streetcar and the Greenwood/Coxwell subway stations just minutes away, keeping all of Toronto within easy reach.Don't miss this rare opportunity to own a versatile, move-in-ready asset in one of the city's most desirable pockets!
Existing Appliances (2x stainless steel appliances, 2 stainless steel stoves, 2 stainless steel microwaves, 2 stainless steel dishwashers, 2 washers and 2 dryers, all electrical light fixtures. Shed (with electricity and windows) *Basement is underpinned and waterproofed. Ceiling height of approx 7'4"
