352 Hopewell Avenue

Welcome to 352 Hopewell Ave – an amazing investment opportunity! Whether you choose to live in one unit and rent out the others, or maximize rental income by leasing all three, this meticulously maintained property offers endless potential. Perfectly situated in the highly desirable Briar Hill neighborhood, just moments from Eglinton and Marlee, you’ll enjoy seamless access to the new Eglinton subway line and the Allen Expressway – making it an ideal location for both tenants and owners alike.

This sun-filled, three-unit building boasts 7 spacious bedrooms, 3 modern bathrooms, 3 fully-equipped kitchens, and parking for 3 cars. Offering an impressive annual revenue of $104,628.00 and a solid 5.31% Cap Rate, this is a prime addition to any investment portfolio.

The Lower Level Unit:

Step into a welcoming foyer with a convenient coat closet, leading to an expansive living/dining area or straight into the bright and functional kitchen. The oversized primary bedroom overlooks the peaceful Beltline Trail and comes with a generous walk-in closet. A nearby 4-piece bathroom completes this comfortable and inviting space.

The Main Floor Unit:

Boasting 3 well-sized bedrooms and a 4-piece bathroom, this unit is designed for both comfort and convenience. The open-concept living and dining area creates an airy, modern feel, while the spacious kitchen offers ample storage and prep space. Two of the bedrooms feature large double closets and tranquil views of the Beltline Trail, and the third bedroom can easily serve as a cozy office or additional living space.

The Upper Unit:

Nearly identical to the Main floor, this unit offers 3 bedrooms, another 4-piece bathroom, a spacious open-concept living/dining area, and a kitchen with a breakfast bar. The unit features laminate flooring throughout for a contemporary look and feel.

Exceptional Investment Features:

• Annual Operating Costs: $14,291.31
• Net Operating Income (NOI): $90,336.69
• Cap Rate: 5.31%
• Annual Revenue: $104,628.00

This property is also ideally located near some of Toronto’s top schools, including West Preparatory Jr PS, Fairbank PS, and York Memorial Collegiate Institute. Enjoy easy access to green spaces like the Beltline Walking Trail and Hopewell Park, offering a quiet, natural backdrop for the building. Shopping and amenities abound, with Costco, Yorkdale, and the Lawrence Allen Centre just minutes away, as well as a Sobey’s within walking distance. Bathurst St offers an array of shops and restaurants, while public transit options are unbeatable. The Eglinton Subway Station is just a 7-minute walk, and the Allen Expressway is a quick 3-minute drive, providing seamless access to the entire GTA.

Don’t miss this incredible opportunity to own a turnkey investment property in one of Toronto’s most sought-after neighborhoods. Whether you’re an investor or someone looking for a live-in option with supplemental rental income, 352 Hopewell Ave is the perfect choice!