161 Berry Rd
Stonegate-Queensway, Etobicoke, M8Y 1W4
FOR SALE
$3,498,000
Suspended
$0
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9 + 5
BEDROOMS8
BATHROOMS5 + 1
KITCHENS42 + 5
ROOMSW5480051
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-01-24 | 2022-03-08 | 43 | $3,498,000 | - | Suspended |
| 2021-12-15 | 2022-01-18 | 34 | $3,875,880 | - | Terminated |
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Property Description
100% Leased 6 Unit Building-Will Qualify Residential Mortgage Rates With Some Lenders. Once In A Life Time Opportunity To Own An Upgraded Multi-Unit $$$ Spent On Capital Updates In Past 3 Years.Two Luxury Apartments-Are Extensively Renovated W/Others Updated.Much Room For Rent Upside Due To Market.Please Do Not Enter Building Without Permission. Excellent Addition To Your Portfolio.Virtual Tour 3D & Arial Drone.
Extras
S/S Appliances In Most Units,New On Demand Boiler/Hot Water,New Roof,Plumbing Updated,Most Capital Improvements Made In Past 3 Years.All Is In As Is And Where Is Condition.Full Presentation/Finance Package Available.Residential Property Tax
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Property Details
Street
Community
City
Property Type
Multiplex, 2 1/2 Storey
Approximate Sq.Ft.
3500-5000
Lot Size
70' x 120'
Fronting
South
Taxes
$7,500 (2021)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
None
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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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