Welcome to 25 Norwood Terrace, a versatile duplex that provides immediate rental income with the option to easily convert into a single-family home. An ideal opportunity for both investors and end users!The upper unit (leased since 2022) features a spacious bedroom, open-concept living and kitchen area, and a private balcony. The main and lower unit (leased beginning January 2025) offers a bright living/dining space, a modern kitchen with deck access, ensuite laundry, and a 3-piece bathroom. The lower level includes two bedrooms, a 4-piece ensuite, and ample storage.Perfectly located on a quiet, tree-lined street, just steps to transit (GO & subway) and a daycare. Zoned as a duplex by MPAC. Some photos virtually staged.Dont miss this excellent investment or homeownership opportunity!
Address
25 Norwood Terrace
List Price
$999,000
MLS® Status
New
Expiration Date
2026-01-30
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Toronto E02
Sub-Area
East End-Danforth
Region
Toronto
Bedrooms
1 + 2
Bedrooms (Total)
3
Rooms Above Grade
6
Rooms Below Grade
2
Bathrooms
3
Floor Area
1100-1500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
65
Lot Size Units
Feet
Lot Width
21.08
Parcel Number
210140946
Occupant Type
Tenant
Cross Street
Main and Gerrard
MLS® Number
E12421242
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Basement Area
Finished
Postal Code
M4E 2H2
Posession Details
TBD
Tax Amount
$3,564.56
Tax Year
2024
Interior Features
Carpet Free
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Other
Construction Materials
Brick Front, Aluminum Siding
Direction Faces
South
Fireplace
No
Foundation Details
Unknown
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Shingles
Tax Legal Description
PT LT 16, 18 BLK 7 PL 635 EAST TORONTO AS IN CA586642; S/T & T/W CA586642; CITY OF TORONTO
Waterfront
No
Sewer
Sewer