For sale
Bedrooms
9
Bathrooms
8
Parking
0
Price
$3,300,000
MLS© ID
C8391532
Approx. Age
N/A
Listed Since
September 27th, 2024
Exterior
Other,
Air Conditioning
None
Heating
Forced Air
Pool
None
Type
Multiplex
Aprox. sq. footage
N/A
Taxes
$7,022
Style
Other
Garage
N/A
Basement
Other
Fireplace
Yes
Lot Size
19.28 x 132.56 Feet
Solid Investment Opportunity! Fully Leased 6-Unit Corner Property (Investor Special) with a 5.49% Cap Rate! This income-generating property features 6 beautifully renovated units, including two 2-bedroom apartments. All units have new decks, kitchens, furnaces, and updated plumbing, along with upgraded 200-amp service. The property is well-maintained with a young 8-year-old roof and 9-year-old boiler system, offering minimal maintenance and reliable cash flow. Prime Location & Development Potential: Situated at a high-traffic corner, this property is just a 30-second walk to TTC transit, offering excellent visibility and consistent rental income. With flexible commercial-residential zoning and future development potential, this is a turnkey, high-yield investment with value-add opportunities. Neighbour interest has been expressed, and the motivated seller presents a rare chance to capitalize on long-term capital appreciation. Don't miss this as-is, passive income opportunity!
Extras: 6 Fridges, 6 Stoves, 6 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental. (35004803)
Type: Multiplex
Features: ,
Brokerage: INTERNATIONAL REALTY FIRM, INC. BROKERAGE