9 Beds 6 Bath

97 Reidmount Avenue, Toronto E07, ON M1S 1B6

Toronto E07 M1S 1B6 Ontario

MLS: E12885484

$2,500,000

Added 2 hours ago | For Sale

Listed by: HOMELIFE/MIRACLE REALTY LTD

About Property

Extensively renovated income property offering approximately 3,500 sq. ft. of living space on a premium 60 ft wide (50+10) x 154 ft deep lot. Sought after Neighbourhood/ location! Over $500,000 spent on renovations and upgrades to meet permit requirements and convert the home into independent units. Ideal for investors, multi-generational families, or homeowners looking to offset their mortgage by renting other units. Live in one and rent the rest. Property features separate main floor and basement units, each with its own kitchen, separate laundry, and dishwasher. Renovations completed with building permits, Fire Marshal approval, ESA approval, and wired smoke detectors for enhanced safety and compliance. Mostly new appliances throughout, plus furnace and air conditioning approximately 3-5 years old. Pride of ownership is evident in this well-maintained property. Functional layouts include good-sized bedrooms, full bathrooms, living and dining areas in each unit. Additional features include a double garage with remote access and extended driveway parking for 6+ vehicles. The massive private backyard on this deep lot offers space for entertaining, gardening, or potential future garden suite development (buyer to verify). A custom-built storage shed with double doors and reinforced two-levels provides plentiful storage. Located in a safe, established family-friendly neighborhood minutes to Highway 401, Kennedy Road, Sheppard GO Station, transit routes, shopping, mall, strip mall, major business and Toronto Public Library. Close to Agincourt Collegiate Institute, other high-performing schools, and Tam O'Shanter Golf Course. Previously rented for $9,000/month ($108,000 annually) plus utilities. Fully vacant closing, offering flexibility for new tenants or owner occupancy. A rare opportunity combining strong rental income, extensive upgrades, and long-term investment potential.

Features

  • House Style:Detached
  • Bathrooms:6
  • Land Size: 50 X 155
  • Water:Municipal
  • Garage Spaces: /Attached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Kennedy and Sheppard
  • Basement:Apartment,Separate Entrance,Walk-Up , Apartment,Separate Entrance,Walk-Up
  • Possession Date:Vacant
  • Annual Property taxes: $6590.72
  • Bedrooms:9 +1
  • Total Parking Spaces:8
  • Parking Places:8
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:E12885484

Level Type Features Dimensions
Main Living Room Carpet Free, Combined w/Kitchen, Electric Fireplace 56 ft, 1 in x 46 ft, 3 in
Kitchen B/I Appliances, Combined w/Dining, Centre Island 44 ft, 11 in x 33 ft, 10 in
Foyer Tile Floor, Double Doors 22 ft, 8 in x 16 ft, 5 in
Other Tile Floor, Skylight, Closet 65 ft, 7 in x 22 ft, 8 in
Living Room W/O To Yard, Carpet Free, Sliding Doors 42 ft x 34 ft, 5 in
Bedroom 4 Mirrored Closet, Window, Carpet Free 36 ft, 1 in x 33 ft, 2 in
Bedroom 5 Overlooks Garden, Mirrored Closet, Large Window 47 ft, 7 in x 42 ft
Foyer Tile Floor, Walk-Thru 23 ft x 12 ft, 2 in
Other Tile Floor, Closet 36 ft, 1 in x 22 ft, 8 in
Kitchen Combined w/Dining, Centre Island, Combined w/Laundry 36 ft, 5 in x 59 ft, 1 in
Second Bedroom Overlooks Backyard, Carpet Free, B/I Closet 48 ft, 3 in x 45 ft, 7 in
Bedroom 2 B/I Closet, Overlooks Backyard, Carpet Free 45 ft, 11 in x 32 ft, 10 in
Bedroom 3 B/I Closet, Carpet Free, Overlooks Garden 36 ft, 1 in x 31 ft, 10 in
Basement Bedroom Mirrored Closet, Laminate, 4 Pc Bath 36 ft, 5 in x 31 ft, 2 in
Bedroom 2 Mirrored Closet, Laminate, Window Floor to Ceiling 39 ft, 4 in x 23 ft
Bedroom 3 Mirrored Closet, Window, Laminate 42 ft, 8 in x 31 ft, 10 in
Kitchen Granite Sink, B/I Dishwasher, Quartz Counter 38 ft, 1 in x 29 ft, 6 in
Dining Room Combined w/Kitchen, Laminate, Mirrored Walls 39 ft, 4 in x 38 ft, 1 in
Other Pot Lights, Laminate 65 ft, 7 in x 27 ft, 7 in
Foyer Concrete Floor 38 ft, 9 in x 14 ft, 9 in
Bedroom 4 Mirrored Closet, Window, Laminate 42 ft x 29 ft, 2 in
Bedroom 5 Mirrored Closet, Window, Laminate 42 ft x 26 ft, 7 in
Kitchen Combined w/Dining, Laminate, B/I Dishwasher 34 ft, 5 in x 34 ft, 5 in
Living Room Laminate, Pot Lights, Fireplace Insert 39 ft, 4 in x 22 ft, 8 in
Foyer Tile Floor 23 ft, 7 in x 11 ft, 10 in
Laundry Tile Floor 26 ft, 3 in x 19 ft, 8 in

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