18 Edgewood Avenue

About this property

Rare opportunity in Toronto's highly sought-after Upper Beach neighbourhood. Built in 1920 and situated on a prominent corner lot at Edgewood Avenue and Maughan Crescent, this detached 2+2 bedroom duplex offers exceptional flexibility for investors, multi-generational families, or those seeking a home with income potential in one of the city's most desirable east-end communities. Featuring two self-contained units, this property presents an excellent opportunity for both end-users and investors.The vacant upper unit offers immediate occupancy or the opportunity to secure market rent, while the main floor is occupied by a long-standing family who have called the property home for nine years and have an established history of timely rent payments, providing dependable income from day one. Gas, hydro, and water are separately metered. The lower level is currently utilized as a laundry and storage area with a separate entrance. Recent improvements include a newer roof (2020), upgraded electrical service (2021), NAVIEN high-efficiency combi boiler (2022), updated upper-level kitchen with new appliances (2026), and new garage doors (2026).The beautifully landscaped corner lot was thoughtfully enhanced by the current owners and features mature Emerald Cedars, Beech, and Copper Beech trees, creating a private setting with outstanding curb appeal. A detached double-car garage, double private driveway, and parking for up to four vehicles complete this exceptional offering. Enjoy the best of Upper Beach living with easy access to The Beaches, parks, schools, community centres, local cafes, restaurants, shopping, and TTC transit. Minutes to downtown while surrounded by the charm and character of a well-established residential community. Whether you're looking to live in one unit and offset expenses with rental income, accommodate extended family, or add a quality investment property to your portfolio, this versatile duplex offers long-term potential in a thriving neighbourhood. (id:67193)