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260 CLINTON STREET, Toronto (Palmerston-Little Italy) — listed at $1,880,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Great Investment Opportunity in Toronto's vibrant Palmerston-Little Italy neighbourhood! Fully tenanted semi-detached income property generating $7,300/month ($87,600 annually) in gross rental income. The rear lane Parking Surface may offer potential for a future Rear Lane Suite in accordance with the City of Toronto's Additional Residential Units (ARU) program. Buyers to verify independently. Convenient access to TTC, Christie subway station and the University of Toronto's St. George campus. Close to Bloor Street shops, Little Italy restaurants, cafés and everyday amenities-an appealing location for tenants and a valuable addition to an investment portfolio. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 7.8 x 3.3 meters |
| Living room | Main level | 7.8 x 3.3 meters |
| Bedroom | Main level | 3.77 x 3.4 meters |
| Bedroom | Main level | 3.36 x 3.04 meters |
| Living room | Second level | 4.3 x 4 meters |
| Kitchen | Second level | 4.16 x 1.73 meters |
| Bedroom | Second level | 3.8 x 3 meters |
| Bedroom | Second level | 4.04 x 2.03 meters |
What's the parking situation?+
This property includes 2 spaces — No Garage.
Is 260 CLINTON STREET a good fit for a growing family?+
With 5 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $9,959.7, heating is forced air, 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?+
Yes — Finished, Separate entrance, Walk out, Walk-up, N/A, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
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