Toronto Luxury Condos and Homes

5 Wright Drive

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$1,199,900

$*,***,***

3+1-Bed

2-Bath

1500-2000 Sq. ft

Listed on 1/7/24

Come live in this 3+1-bed, 2-bath Home

Listed by KELLER WILLIAMS REALTY CENTRES

Investors !! Income plus in this 4 Level Split on huge private fenced lot in quiet enclave. Presently used as a Group Home with long term lease in place. Generates $7727.92/mnth +HST=$8732.55, + $3174.45 on 2nd loan (Total 11,907/mnth)Lease in place until Feb 2025 with tenants option to renew for further 5 year term (with 10% increase to $8500.70/mnth+HST). 2nd loan will be paid off upon renewal (Matures Mar 5 2025). 3rd Garage Bay Converted to Office, Easy Conversion back.

Gallery

MLS #

N7384094

Style

Detached, Sidesplit 4

Sq/Ft

1500-2000

Rooms

6+2

Bedrooms

3+1

Bathrooms

2

Garages Spaces

3

Garage

Attached

Parking Spaces

9

Year Built

31-50

A/C

Central Air

Basement

Unfinished

Central Vac.

Y

Den

N

Exterior

Brick

Heating

Forced Air

Fireplace

Y

Taxes

$6,526.95 (2023)

Acreage

< .50 Acres

Lot

151.40x100.72 (Feet)

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Homes 5 Wright Drive, East Gwillimbury