25 Norwood Terr

Toronto, Ontario, M4E 2H2

$ 1,099,000

25 Norwood Terr

$ 1,099,000

Toronto, Ontario, M4E 2H2

Overview

Updated On:

January 9, 2025 10:30 AM

1 Bedrooms

3 Bathrooms

$ 1,099,000 Price

Listing Description

Welcome to 25 Norwood Terrace, located in the highly sought-after Upper Beaches! This delightful duplex presents a great opportunity for first-time homebuyers, condo grads, or investors looking for an excellent income-generating property. Currently, both units are tenanted, with the upper unit leased since 2022 and the main floor unit starting in January 2025. This provides immediate rental income and makes it a fantastic addition to any investment portfolio. The layout can also be easily converted into a single-family home. The upper unit boasts a spacious bedroom, a bright open-concept living room and kitchen, and access to a charming balcony. The main floor and lower unit feature a bright living and dining area, ensuite laundry, and a sleek 3-piece bathroom. The modern kitchen leads to a deck and private backyard perfect for entertaining. The basement offers two additional bedrooms, a 4-piece ensuite bathroom, and plenty of storage space. Unwind on the inviting front porch and enjoy the tranquility of a quiet, tree-lined street. Conveniently located within walking distance of public transit (GO train and subway) and a local daycare, this move-in-ready home is zoned as a duplex per MPAC and has been virtually staged. Don't miss this incredible investment opportunity!

Address

Address:  25 Norwood Terr

City: Toronto

State: Ontario

Zip: M4E 2H2

Area: Toronto

Community: East End-Danforth

Directions: Main St/ Gerrard

Details

Property Id: E11908270

Property Type: Residential

Building Type: Detached

Property Style: 2-Storey

Price: $ 1,099,000

Bedrooms: 1

Bathrooms: 3

Rooms: 6

Structure Type: Brick Front

On Site: January 10, 2025

Additional Information

Tax: $ 3,565

Tax Year: 2024

Fireplace Features: Gas

Retirement: No

Kitchens: 2

Rooms Plus: 2

Basement: Finished

Virtual Tour: View virtual tour

Features

Heating

 Gas

 Forced Air

Water

 Municipal Water

Parking

 Parking Spaces: 0

 Garage Spaces: 0

Utilities

 Central Vacuum Cleaning

 Family Room Available

 Sewers

Map

Walkscore

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