‘Coming Soon’ sign helps speed sale of Jane Street investment property

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This 90-year-old brick house on a 24-foot-by-138-foot lot is divided into two two-bedroom apartments above ground and an unfinished basement, with shared laundry facilities

The main-floor suite consists of a living room with a fireplace, a dining area and an updated kitchen, as well as a four-piece bathroom. The apartment on the second floor is a near mirror image, but also has a sunroom.“For an investment property, it was terrific because there are two units and the basement is also a very good height, so that could be finished to create additional rental opportunities,” Ms. Brown said.

“It’s around the same vintage as most of the neighbourhood, so it has lots of good woodwork, old hardwood floors, fireplaces and lots of character.” The proximity to amenities was another major asset. “It’s a fantastic location because it’s close to transit, it’s in a good school district and you can walk out your door and be in Bloor West Village in 10 minutes,” Ms. Brown said.

“[Also], there are lots of great new shops around Jane and Annette, they call [the area] Baby Point Gates.”

 

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