14, Afton, Little Portugal, Toronto, Residential Freehold

MLS® Number C13422714
For Sale   $ 1,349,000
  • 2 beds | 
  • 2 baths | 
  • 2000-2500 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Residential Freehold Semi-Detached For Sale.

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.

Interior Features: Other

Cross Street: Queen St. W & Beaconsfield

Direction Faces: North

Key Facts

  • Days on: 58 days
  • Mls Status: New
  • Board Property Type: Com
  • Bedrooms Total: 2
  • Bedrooms Above Grade: 2
  • Bathrooms Total Integer: 2
  • Lot Width: 17.58
  • Kitchens Total: 1
  • Parking Total: 2
  • Parking Features: None
  • Garage Type: None
  • Heat Source: Gas
  • Heat Type: Forced Air
  • Cooling: Central Air
  • Living Area Range: 2000-2500 Square Feet

Location 14, Afton, Little Portugal, Toronto

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Kate Naccarato
Sales Representative 416-779-6085