Bedrooms
9
Bathrooms
9
Parking
9
Price
$3,199,900
MLS© ID
W9297693
Approx. Age
N/A
Listed Since
September 4th, 2024
Exterior
Brick,
Air Conditioning
Window Unit
Heating
Radiant
Pool
None
Type
Multiplex
Aprox. sq. footage
5000+
Taxes
$15,801
Style
2-Storey
Garage
N/A
Basement
Finished
Fireplace
Yes
Lot Size
50.00 x 125.00 Feet
Type | Level | Dimensions |
---|---|---|
Living | Ground | 5.00x2.70 |
A Wonderful Opportunity To Own This Purpose-Built Multiplex, In A Prime Area Of South Etobicoke, Surrounded By Multi-Million Dollar Homes. The Solid Brick 9-Plex Consists Of 6 2-Bedroom And 3 1-Bedroom Units With 2 Balconies. These 15 Bedrooms In Total Produce About $172k Of Gross Annual Rental Income With A Potential To Further Improve Easily. This Building Is Always Fully Rented Due To Great Management And Care By The Owner, And Offers A Fabulous Up-Side On Tenant Turnover. This Could Account Upward Of 5.7% Of The Return On The Investment Plus A Building Ownership That Grows Equity! The Units Are Updated And Bright, Very Clean & Easy To Rent. Very Well Managed Building, With Great Tenants, In A Perfect Location, Near GO Station, Amenities, The Lake And The Gardiner ExpressWay.
Extras: 2 Balconies, 9 Surface Parking Spots, 9 Individual Hydro Meters, Tenants Pay Their Own Hydro Except Unit 1A.
Type: Multiplex
Features: Hospital, Public Transit, School,
Brokerage: Right at Home Realty