4.6% CAP RATE! $2.27M ASSUMABLE MORTGAGE AT 2.19%! $4400 PER MONTH CASH FLOW AFTER MORTGAGE AND EXPENSES! Welcome To 555 Birchmount Rd, A Boutique 6-Plex Multi-Residential Building With Fully Renovated And Fully Tenanted Units At Market Rent In Desirable Clairlea-Birchmount! Incredible Investment Opportunity With An Assumable Mortgage At 2.19% Until December 2026! Gross Income: $167,967.56. Each Unit Has Been Meticulously Restored With All New Fixtures And Stainless Steel Appliances, Quartz Countertops, Refinished Hardwood Floors, And Air Conditioning. Five 2 Bedroom Units, And One 1 Bedroom Unit, All With Contemporary Finishes And Generous Floor Plans, In Addition To 7 Parking Spaces. Many Updates Including a Multi-Camera Security System, New NTI Commercial Tankless Hot Water System, New A.O. Smith Commercial Hot Water Tank, New Commercial Maytag Coin Operated Laundry Machines, Many New Windows, New Doors, Mini-Split Air Conditioners, Stucco Exterior, And More! Don't Miss This Opportunity To Own A Well Maintained, Well Capitalized, And Easy To Manage Investment Property. Gross Income: $167,967.56. Hydro/Gas/Water/Tax/Insurance: $25,640.81.
Extras
7 Hydro Meters. Close To All Amenities Including Shopping, Warden Station, Scarborough GO, Centennial College, Multiple Parks, And Great Schools. Easy To Manage Property With Great Tenants. See Virtual Tour Of Unit 302!
PT LT 30 CON B SCARBOROUGH AS IN TB242336; TORONTO
Occupancy
Tenant
Possession Date
TBD
Taxes (2023)
$9,547.3
Tax Type
Annual
Directions/Cross Streets
Birchmount Rd & St Clair Ave
Neighbourhood
Clairlea-Birchmount
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
Freestanding
Y
Lot
74.27 x 140.17 ft
Total Area
5,250 ft2
Elevator
None
Air Conditioning
Y
Basement
Y
Garage Type
None
Parking Spaces
7
Heat Type
Gas Hot Water
Outside Storage
N
Sprinklers
N
Sewers
Sanitary
Utilities
Y
Water
Municipal
Rail
N
Lot/Bldg/Unit Code
Lot
Zoning
RM
Seller Property Info Statement
N
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