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10-12 SNIDER AVENUE, Toronto (Briar Hill-Belgravia) — listed at $1,899,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Built in 1992, 10-12 Snider Avenue is a rare purpose-built legal 4-plex offering an exceptional investment opportunity in Toronto's well-established and evolving Briar Hill-Belgravia neighbourhood. The property comprises two spacious split-level 3-bedroom, 2-bathroom Apartments occupying the Main Floors and Lower Levels. These two Apartments feature separate forced-air gas furnaces, central air conditioning, in-suite laundry, and individual hydro meters. The Second Floor contains two 2-bedroom, 1-bathroom Apartments each featuring electric baseboard heating, window air conditioning units, in-suite laundry, and separate hydro meters. Approximately 4,110 sq.ft. above grade plus an additional 2,080 sq.ft. on lower level. There are five hydro meters in total, including a separate common area meter. The property includes 5 on-site parking spaces and benefits from commercial zoning on the Main Floor and Lower Level, providing flexibility for investors, owner-operators, or buyers seeking commercial space combined with residential income. Additional future upside may exist through a potential third-storey addition, subject to buyer due diligence and municipal approvals. The property's location offers convenient access to employment hubs, educational institutions, excellent connectivity throughout the City via nearby TTC routes and the Eglinton Crosstown LRT corridor, easy access to Allen Road and Highway 401, and everyday amenities including grocery stores, local shops, restaurants, community centres, parks, and recreational facilities, all of which contribute to sustained tenant demand and strong long-term investment fundamentals. NOI $66,453. (id:60164)
How is the space laid out across floors?+
This is a 2-storey multi-family. The 10 bedrooms and 6 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $7,789.72, heating is baseboard heaters, forced air, electric, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What makes this a luxury property?+
At $1,899,900, standout features include 6 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Briar Hill-Belgravia) before counting on it.
Is 10-12 SNIDER AVENUE a good fit for a growing family?+
With 10 bedrooms and 6 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
Is there air conditioning?+
Yes — central air conditioning, window air conditioner cooling is in place.
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