A Wonderful Opportunity To Own This Purpose-Built Multiplex, In A Prime Area Of South Etobicoke, Surrounded By Multi-Million Dollar Homes. The Solid Brick 9-Plex Consists Of 6 2-Bedroom And 3 1-Bedroom Units With 2 Balconies. These 15 Bedrooms In Total Produce About $172k Of Gross Annual Rental Income With A Potential To Further Improve Easily. This Building Is Always Fully Rented Due To Great Management And Care By The Owner, And Offers A Fabulous Up-Side On Tenant Turnover. This Could Account Upward Of 5.7% Of The Return On The Investment Plus A Building Ownership That Grows Equity! 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.

Property Info

MLS®: W9297693

Listing Courtesy of RIGHT AT HOME REALTY

Total Bedrooms 9

Total Bathrooms 9

Floor Space 5000 sq.ft.

Lot Size 6250 sq.ft.

Style 2-Storey

Last Updated 2024-09-04

Property Type Multiplex

Listed Price $3,199,900

Unit Pricing $640/sq.ft.

Strata Fee $

Tax Estimate $15,801/Year

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W9297693 X XXX X, XXXX XXXXX $XXXXXXX

W8454102 X XXX X, XXXX XXXXX $XXXXXXX

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W8338822 X XXX X, XXXX XXXXX $XXXXXXX

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W8267086 X XXX X, XXXX XXXXX $XXXXXXX

XXX X, XXXX XXXXX $XXXXXXX

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