For Sale - 16 Fennings Street, Toronto, Ontario

Est payment $9,604/mo
Views   3
Time on Jump  21 day
  • Renovated semi-detached property with three rental units for income.
  • Current front unit leased, two additional renovated units available.
  • Potential for approx $120,000 in gross annual rental income.
  • Located in a vibrant area with amenities, restaurants, and shops.
  • Opportunity to build a laneway home for added value and income.



Power of sale opportunity! Rare 25 ft wide renovated semi detached property featuring 3 separate units with the potential to generate approx $120,000 in gross annual rental income when fully leased. The front unit is currently leased while the two additional units are vacant and recently renovated. Perfect for investors seeking strong rental income or end users looking to live in one unit while collecting rental income from the other two helping significantly offset mortgage and carrying costs. Further upside with the potential to build a laneway home with 2 additional units subject to approvals and due diligence. Located in an excellent, highly desirable area within walking distance to vibrant neighbourhood amenities, restaurants, cafes, shopping, transit and more. A rare opportunity combining strong income potential, flexible living options and addition of potential laneway units increasing future value and upside!
Listing IDC13795598
Address16 Fennings Street
CityToronto, Ontario
Price$1,999,999
Bed / Bath6 / 5 Full
Style2 1/2 Storey, Semi-Detached
ConstructionBrick
TypeResidential
StatusFor Sale
Subtype Semi-Detached Indoor Features Sump PumpOwnership FreeholdBasement Separate Entrance, Finished, Walk-UpFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 4.00
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Listing Brokerage: ROYAL LEPAGE TERREQUITY REALTY

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16 Fennings Street
Toronto , Ontario
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