South Parkdale Multiplex Hits The Toronto Market

A character-rich multiplex has hit the market in South Parkdale over the weekend. If you have dreams of owning and managing a property in the rapidly changing Parkdale neighbourhood, this could be for you. Or, perhaps, you may want to move the whole extended family into one home.is over 100 years old and is currently listed at $2,695,000. Notable features include a charming turret, soaring ceilings, a large front veranda, and multiple terraces to take advantage of the tree-lined street.

Currently owner-occupied, the 1,900-square-foot main floor features three bedrooms and two bathrooms. The second floor houses a two-bedroom unit with a balcony and a one-bedroom unit. Upstairs on the third floor, you’ll find a two-bedroom unit with a family room, laundry, and a large deck. According to the listing, Units 5, 1B, and 1C are currently vacant.Our favourite feature of this property is the living room in unit 3, the large main floor unit.

"It's going to be a while before the condo market is a great option for investors again, and until then, we're looking at a ton of inventory, decreasing values, and an increasingly strapped rental market."Victoria Park ‘Housing Now’ Development Moves Closer To Fruition

Source: News Formal (newsformal.com)

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