$1,999,000 FOR SALE

Investment

Lot: 33 x 105.62 ftTotal Area: 3,517 ft2
2024 Taxes: $5,803.25

314 Atlas Ave
Toronto, ON M6C 3P9 | Oakwood Village

Opportunity to own a fully vacant multiplex and collect market-rents! - This owner-occupied property has been meticulously maintained and cared for. Two spacious three-bedroom units, each around 1000SF, and a two-bedroom unit on the lower level that boasts a private backyard. Every suite features a private entrance and its own central air system for maximum comfort. The double garage is prepped with all necessary rough-ins to potentially convert it into a fourth suite. Located in Oakwood Village, walking distance to Cedarvale Park, close to Eglinton West TTC and future Crosstown LRT, quick driving access to Allen Rd and 401. ***4.75% cap rate based on market-rents in the area, full financials attached or ask L.A. Offers anytime!

Extras
New Roof with 30yr warranty (2023), All electrical and plumbing (2014), Lower/Main level windows (2014), 3 furnaces (2014), 3 tankless water heaters (2014). Separate hydro & gas meters.

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Listed By HAZELTON REAL ESTATE INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C8260510
Last Updated Apr 23, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 2 to 5 Units
Category Apartment
PIN 104580167
Occupancy Owner
Possession Date 60/90
Taxes (2024) $5,803.25
Tax Type Annual
Directions/Cross Streets Atlas Ave. / Vaughan Rd.
Neighbourhood Oakwood Village
Area Toronto
Price History
Interested in obtaining the full price history for this property?
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Detailed Information
Freestanding Y
Bathrooms 3
Lot 33 x 105.62 ft
Total Area 3,517 ft2
Air Conditioning Y
Basement Y
Chattels Y
Garage Type Other
Parking Spaces 6
Heat Type Gas Forced Air Closd
Financial Statement Y
Gross Income/Sales $108,600
Net Income Before Debt $95,887
Hydro Expense $1,560
Water Expense $2,448
Insurance Expense $2,900
Operating Expenses $12,713
Taxes Expense $5,803
Year Expenses $2,023
Expenses Actual/Estimated Act
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning RM (f12.0; u4; d0.8) (x252)
Seller Property Info Statement N

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