Toronto W06, ON M8W 3V5,618 Brown's Line
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Toronto W06, ON M8W 3V5,618 Brown's Line
Toronto W06, ON M8W 3V5,618 Brown's Line
Toronto W06, ON M8W 3V5,618 Brown's Line
Toronto W06, ON M8W 3V5,618 Brown's Line

$1,410,000

Est. payment /mo

$1,300,000

8.5%
Est.Price: ?

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618 Brown's Line Toronto W06, ON M8W 3V5

3 Beds

3 Baths

SOLD DATE : 02/20/2025

Key Details

Sold Price $1,410,000

Property Type Single Family Home

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Alderwood

MLS Listing ID W11973455

Sold Date 02/20/25

Style Bungalow

Bedrooms 3

Annual Tax Amount $7,409

Tax Year 2024

Property Sub-Type Other

Property Description

Welcome to 618 Browns Line, a versatile investment opportunity in Toronto's vibrant Alderwood community! This mixed-use property offers immediate income potential, featuring a 349-square-foot commercial unit on the main level, currently leased to a tenant on a month-to-month basis who would like to stay. Whether you're an investor seeking steady cash flow or an entrepreneur looking to establish a business, this property is a fantastic option.The residential portion of the building provides additional income potential, or the opportunity for owner-occupied living with a commercial rental to offset mortgage costs. The 52 ft x 140 ft lot sits on a high-traffic corner, ensuring excellent visibility and future development potential. This property is located in a high-demand neighbourhood, with residential growth and redevelopment making it a strategic long-term investment. Whether you're looking to hold and rent, redevelop, or occupy and operate a business, 618 Browns Line offers incredible flexibility and potential. Don't miss this unique opportunity to own a mixed-use property in a sought-after Toronto location!

Location

State ON

County Toronto

Community Alderwood

Area Toronto

Rooms

Kitchen 2

Interior

Interior Features Other

Exterior

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 52.0

Lot Depth 140.0

Total Parking Spaces 7

Building

Foundation Unknown

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Listed by RE/MAX HALLMARK REALTY LTD.
agent

Philip Ramos

+1(647) 973-7355

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