503 COTE Street Image 1

$1,049,900

1 day agoSemi-Detached For Sale
bedrooms5bed
washrooms7bath
MLS - #X12034379

503 COTE Street, Overbrook - Castleheights and Area, ON K1K 0Z8

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Average Price
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Price Comparison

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Property Description

Property type

Semi-Detached

Lot size

N/A

Style

2-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Kitchen4.34 x 4.31 mStainless Steel Appl, Centre IslandMain
Dining Room3.65 x 3.35 mN/AMain
Living Room5.66 x 4.19 mPot Lights, Overlooks BackyardMain
Powder Room1.47 x 1.32 mN/AMain

About 503 COTE Street

Welcome to 503 Cote Street. A Beautifully Maintained 2019-Built Semi-Detached with Exceptional Income Potential. This property offers incredible flexibility with a legal secondary dwelling unit, each with it's own private entrance. Whether you're looking to live in one unit and rent the other, or rent out both, this property generates approximately $53,000+ in annual rental income.Tenants pay all utilities except water, making this an efficient investment. Each unit is independently heated and has it's own hydro meter, while sharing one water meter. The main (upper) unit boasts a stylish open-concept layout with upgraded pot lights, large windows that bring in natural light, and a modern kitchen featuring stainless steel appliances, a center island, and ample cabinetry. The spacious primary suite includes a walk-in closet and a luxurious 5-piece ensuite with double vanity. You'll also find three additional bedrooms, a full guest bathroom, and the convenience of second-floor laundry. This unit includes both a garage space and surface parking. The lower-level secondary dwelling unit offers a bright, open living space with a full kitchen, one bedroom, a 4-piece bathroom, and it's own laundry and storage area perfect for students, young professionals, or extended family. This unit comes with one surface parking space. Enjoy outdoor living in the private, landscaped backyard, ideal for relaxation and entertaining. Vacant possession is available. The current owner occupies the lower unit, and the upper unit will be vacated by tenants on May 16th, 2025, allowing you to set your own rents or move in comfortably. Don't miss this versatile, income-generating opportunity in a fantastic location. Book your private showing today!

Home Overview

Last updated

1 day ago

Virtual tour

None

Basement information

Full, Finished

Building size

--

Status

In-Active

Property sub type

Semi-Detached

Maintenance fee

$N/A

Year built

--

Listed by AVENUE NORTH REALTY INC.

Additional Details

Basement:Full, Finished
Cooling:Central Air
Heating:Baseboard
Parking Features:Mutual

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$4009.91/ month
$839,920 Principal and Interest
$1,007,904 Property Taxes

Location

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Walk Score for 503 COTE Street

Some information about this property - COTE Street

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