816 Grenon Avenue, Britannia Heights - Queensway Terrace N and Area, ON K2B 6G2
6201 - Britannia Heights, Britannia Heights - Queensway Terrace N and Area · Near Carling & Grenon · View map
About this home
EXCEPTIONAL SIX-UNIT INVESTMENT OPPORTUNITY! Welcome to 816 Grenon Avenue, a well-maintained, income-generating property offering six residential apartments, strong rental income, and extensive recent capital improvements. An excellent opportunity for investors seeking a turnkey multi-unit property with significant upgrades already completed. Brand new roof (2026), all windows replaced (2025), plumbing updated (2024), and electrical updated (2026). Two furnaces, one approximately four years old and the second 2026. Additional upgrades include all-new aluminum and vinyl siding (2026), a new driveway and parking lot for 7 vehicles (2026), and two new central A/C units (2026). The property is also equipped with a self-monitored CCTV security system with DVR recording and video footage & a storage shed. With extensive improvements to major building components, multiple rental income streams, and excellent long-term investment potential, this property is an outstanding addition to any real estate investment portfolio!
The home
- Type
- Multiplex
- Style
- 2-Storey
- Square footage
- 5000 + sq ft
- Bedrooms
- 10
- Bathrooms
- 6
- Kitchens
- 6
- Rooms
- 28
- Basement
- Separate Entrance
- Lot size
- 50 x 100 ft
- Faces
- East
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding, Vinyl Siding
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 7
- Total parking
- 7
Taxes & other
- Property taxes
- $6,444/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Carling & Grenon
- Neighbourhood
- 6201 - Britannia Heights
More
- MLS® number
- X14155196
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
816 Grenon Avenue, Britannia Heights - Queensway Terrace N and Area, ON K2B 6G2
6201 - Britannia Heights, Britannia Heights - Queensway Terrace N and Area · Near Carling & Grenon
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Listing history for 816 Grenon Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 816 Grenon Avenue
Answers come straight from this home’s MLS® listing.
How much is 816 Grenon Avenue listed for, and what would it cost each month?
816 Grenon Avenue is listed for $1,980,000. With 20% down ($396,000), the mortgage payment would be roughly $7,987 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $8,524 a month, all in. That figure is an illustration, not a quote.
Is 816 Grenon Avenue freehold or a condo, and is there a monthly fee?
816 Grenon Avenue is a multiplex in 6201 - Britannia Heights, Britannia Heights - Queensway Terrace N and Area. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 816 Grenon Avenue have?
816 Grenon Avenue has 10 bedrooms and 6 bathrooms. The listing gives the style as 2-storey.
Does 816 Grenon Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 7 spaces. In total the listing counts 7 parking spaces.
Does 816 Grenon Avenue have a finished basement?
The listing describes the basement as separate entrance. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 816 Grenon Avenue?
816 Grenon Avenue is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 816 Grenon Avenue, and what is the lot size?
The lot is listed as 50 x 100 ft.
How is 816 Grenon Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 816 Grenon Avenue?
Property taxes are $6,444 a year (2026), or about $537 a month.
Where is 816 Grenon Avenue?
816 Grenon Avenue is in the 6201 - Britannia Heights community of Britannia Heights - Queensway Terrace N and Area. The nearest main intersection is Carling & Grenon. The postal code is K2B 6G2.
Is 816 Grenon Avenue still for sale?
Yes. It is an active listing (MLS® X14155196). Listings here update from the board through the day and come down once a home sells.
What have homes at 816 Grenon Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 816 Grenon Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: INNOVATION REALTY LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.