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9 + 6
BEDROOMS9
BATHROOMS9
KITCHENS39
ROOMSW8267086
MLSIDContact Us
Property Description
Don't Miss Out On The Incredible Opportunity To Own This Purpose-Built, Legal Multiplex, In A Prime Area Of South Etobicoke, Surrounded By Multi-Million Dollar Homes. The Solid Brick 9-Plex Consists Of 6 2-Bedroom, 2 1-Bedroom Units & A Studio Apartment, 15 Bedrooms In Total! Potential Gross Income Is Approximately $268,800.00, Which Makes This An Amazing Investment Opportunity. This Building Is Always Fully Rented And Offers A Fabulous Upside Potential On Tenant Turnover That Would Account For About 5.7% Of Return On The Investment Plus A Building Ownership! 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.
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Extras
9 Parking Spots, 2 Balconies, 9 Individual Meters, Tenants Pay Their Own Hydro, Except Unit 1A.
Property Features
Hospital, Public Transit, School
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
50' x 125'
Fronting
South
Taxes
$15,801 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Driveway
Private
Garage Type
None
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Listing contracted with Right At Home Realty
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Welcome to an unparalleled opportunity in real estate excellence. This premier multiplex exudes luxury and sophistication boasting an impressive street presence. Constructed in 2000, this remarkable property stands as a testament to quality, craftsmanship and timeless design, ensuring minimal maintenance requirements. Comprising of 5 legal suites, a hallmark of efficiency and autonomy boasting 5 sep gas meters, 5 hydro meters & 5 a/c, 3 car garage with new rebuilt coach house!
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