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301 CLEVELAND STREET, Toronto (Mount Pleasant East) — listed at $2,798,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
301/303 Cleveland Street Detached Mid Town Multi Unit Fourplex Building. Four Modern Two Bedroom Suites Beautifully Renovated, Additional Basement Apartment, Underpinned Basement Unit with Approx 7-7.5ft Ceiling. Open Concept Suites with Quartz Countertops, Air Conditioning / Ensuite Laundry In Every Unit / $ 150,000+ Gross Yearly Income. Four Car Parking at Rear- Three Car Garage + Surface Parking + Street Parking Available. Turn-Key. Don't Miss Out On This Exceptional Offering In One Of Toronto's Most Sought-After Neighbourhoods! 5 Min walk to Maurice Cody School, Walking Distance to Yonge and Eglinton and Bayview Subway Station. Excellent Investment Property. A rare opportunity for investors seeking strong returns, owners looking to live in one unit while renting out others (301 Upper is currently vacant), downsizers, multi-generational families, Potential 3rd Storey and Garden Suite- in Prime Davisville Village Bayview and Eglinton. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.8 x 3.59 meters |
| Dining room | Main level | 4.99 x 3.2 meters |
| Kitchen | Main level | 4.99 x 3.2 meters |
| Primary Bedroom | Main level | 3.8 x 3.09 meters |
| Bedroom 2 | Main level | 3.09 x 2.99 meters |
What's the parking situation?+
This property includes 4 spaces — Garage, Carport.
Is there air conditioning?+
Yes — wall unit cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $15,737.8, heating is radiant heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 9 bedrooms and 5 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, 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 (Mount Pleasant East) before counting on it.
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