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New3 hours ago

14 Afton Avenue

Little Portugal, Toronto

$1,349,000

Semi-Detached |2-Storey
2 | 2 | 2
About this home

14 Afton Avenue is an R(d1*804)-zoned mixed-use property in Toronto's vibrant and revitalized Little Portugal, on a corner lot at Queen St W and Beaconsfield. MPAC classifies the 1894 building as a duplex (Property Code 332), meaning two dwelling units. In current use, the ground-floor unit is operated as a ~1,200 sf retail storefront (legalized under site-specific exception R(x804)) and is leased month-to-month to Inabuggy Inc at $3,500 plus HST. The upstairs residential unit is leased at $2,500/mo per the owner; corridor rent benchmarks (20 Afton at $4,200, 8 Grafton main at $3,995) suggest market for a comparable unit is closer to $4,000, so the in-place rent sits roughly $1,500/mo below market. A great opportunity for an investor, live upstairs and run your business ground level or convert to residential duplex or single family residence. Use your imagination and create your own space in this versatile property Impressive Density Within Walking Distance With Guaranteed Foot Traffic Every Day. Storefront Space Is Ideal For Art Gallery, Convenience, Cafe,Specialty Food Or Service, Real Estate Office, Morgtage Broker or a variety of possible uses.

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TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$9,878
Lot Size17.58 ft x 90 ft
mls© NumberC13422714
Listed ByFOREST HILL REAL ESTATE INC.

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