SOLD - Corner Building with Parking in Trendy Jones Ave Pocket.

East facing, sun kissed, corner property located in trendy Jones Pocket right in between two nearby Starbucks locations. 

Residentially zoned, excellent opportunity for purchaser to design single family home according to personal aesthetic taste. 
Backyard is prime for garden and large, summer, entertainers deck.

Main floor once operated as a variety store with many potential uses subject to rezoning. 
2nd floor residential tenant currently pays $1028/month. Large rear deck on second floor. 

Walkout to backyard and parking from main floor. Finished basement with high ceilings. 90 Walk Score/go to Walkscore.com. 

Minutes to prime Danforth Ave retail, eateries and Withrow Park. Minutes to Pape Subway, Dvp & Gardiner Exp Way. Short walk to Gerrard Ave, Queen St East, Leslieville & Riverside. 

Many opportunities await the purchaser of this lovely property. Location, location, location!

For more information on this property or to book a showing call me.

For more information on this listing or to book a showing call me.
Jimmy Vlachos
416-953-0781
Royal LePage Signature

Rent-to-own works, but beware of the pitfalls.

Renting to own a house can be a very effective way for a buyer without enough of a down payment to buy a home. But do your homework.

Following the link to the Toronto Star for the article:
http://www.thestar.com/business/personal_finance/2013/07/30/renttoown_works_but_beware_the_pitfalls.html

Pressure mounts for Ontario to extend rent controls to all tenants.

A complex problem for any city.  How do you provide affordable housing and at who's expense.  I can tell you from a Landlords perspective the rent roll increases allowed by the city are not realistic and penalize Landlords.  I am also aware that incomes do not increase in line with general inflation.  I do find it interesting that while rents are controlled our insurance premiums are some of the highest in the country.  What about cell phone premium controls or heating/electrical controls? 

I would really love to hear peoples perspective on this article - landlords and tenants.

"Toronto city councillor Anthony Perruzza is so concerned about similar complaints from tenants in his renter-heavy North York ward, that this week he introduced a motion before executive committee  urging the province to make all rental units — including investor-owned condos — subject to rent controls “to level the playing field” in the city’s tight rental market"

CHECK THE LINK BELOW FOR FULL ARTICLE.

http://www.thestar.com/business/real_estate/2013/05/31/pressure_mounts_for_ontario_to_extend_rent_controls_to_all_tenants.html

LEASED 718 Queen St East 5 year term with escalations

Hot market - first offer within 4 days of listing. 718 Queen St E - 1209 S.F. Prime Retail Space At Queen And Broadview In Riverside District. Currently Set Up For Food Realted Business Easy Conversion To Retail. Building Is Spotless And In Exellent Condition. Large Basement Included.  

The Elusive Measure Known as the Square Foot

You would think finding the square footage for a home or commercial space would be easy business.... Have a read:)

http://www.nytimes.com/2010/12/19/realestate/19cov.html?pagewanted=all&_r=0

Interesting article on Landlord and Tenant disputes brought before the courts.

http://www.moneyville.ca/article/1238875--how-to-win-a-landlord-tenant-dispute#.UHgvReOJPD8.facebook

FOF SALE: Commercial Income Property on Queen St East $2'195000.00

Prime Building In The Heart Of Riverside/Leslieville. 20 Ft Frontage, 3550 Sq Ft Retail Space, 11000 Sq Ft Total. AAA Commercial Tenant On Main Floor With Lease Long Term Lease, 4 Sound Studios In Basement , 4 Large Residential Units On 2nd Floor All Month To Month And Fully Occupied. Excellent Investment Opportunity On Queen St East.

600 Amp Service, 6 Gas, 6 Hydro, & 6 Water Meters. 2 Universal Bathrooms And Universal Elevator On Main Floor. Washer/Dryer Coin Laundry. New Sump Pump. 4 Fridges, 4 Stoves. Buzz Code System. Irregular Lot Widens In Back. For more info contact: Jimmy@incomepropertiesto.com