Two brand-new renovated flats at 1225 York St. – right near the ‘new Valencia’
1225 York: 2 TICs down-to-studs remodel
24th Street near York Street has been dubbed the “new Valencia Street.” These two units, then, represent an excellent opportunity to own in this emerging area. Plus you’re near Dynamo Donuts! To that, there are two modern flat on the property. Right now, they are both tenancy in common units. However, for the right set of buyers – two separate owners or a partnership with unrelated owners – this also represents an investment opportunity as well. The two units can get onto the fast track condo conversion process within the year of primary residence for both owners.
The units are priced like TIC’s on the cost of converting. The lower unit is listed at $639,000, while the upper unit is at $679,000. The upper unit has three bedrooms, 1 1/2 bathrooms and 2 garage parking spaces. The lower unit has two bedrooms and one and a half bath with 1 garage parking space. There are hardwood floors, Buddha stone countertops, detailed reworking and updating of the bathrooms, cherry cabinets, granite countertops, and both units have their own laundry. excavated to allow the new parking as well. There’s also a new roof, new windows, new appliances, and an excellent divided backyard. It will be open this weekend on Saturday and Sunday. Don’t miss out.