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.
Extras
9 Parking Spots, 2 Balconies, 9 Individual Meters, Tenants Pay Their Own Hydro, Except Unit 1A.
PCL 11-1, SEC M110; LT11, PL M110; ETOBICOKE, CITY OF TORONTO
Possession Date
Immediate
Taxes (2023)
$15,801.15
Directions/Cross Streets
South Kingsway & South Of Qew
Neighbourhood
Mimico
Area
Toronto
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Fronting On
S
Property Features
Hospital, Public Transit, School
Special Designations
Unknown
Bedrooms
9+6
Bathrooms
9
Rooms
39
Kitchens
9
Lot
50 x 125 ft
Approximate Square Footage
5000+
Exterior
Brick
Elevator
N
Air Conditioning
Window Unit
Family Room
N
Fireplace/Stove
N
Pool
None
Basement
Finished
Drive
Private
Garage Spaces
0.0
Garage Type
None
Total Parking Spaces
9.0
Heat Source
Gas
Heat Type
Radiant
Sewers
Sewers
Water
Municipal
Seller Property Info Statement
N
Bathrooms
Pieces
Level
4
Lower
4
Upper
4
Upper
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