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$ 1,499,900
Est. payment | /mo
4 Beds
5 Baths
$ 1,499,900
Est. payment | /mo
4 Beds
5 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
MLS Listing ID C10409096
Style 2 1/2 Storey
Bedrooms 4
Annual Tax Amount $10,658
Tax Year 2023
Property Description
4.8% cap rate! Seller wants it SOLD! 5 units! detached, with parking in the rear. 4 residential one bedroom units (currently occupied, buyer to assume existing tenants). One retail unit, currently a convenience store (Vacant early 2025). Estimated rent $100K per year. This five-unit apartment building offers a blend of investment and safe returns. It provides steady rental income, tax benefits, and the chance to enhance the property's value over time. Its an ideal entry into real estate, combining financial growth with safe, reliable income...St. Clair West and Bathurst Street combines urban energy with a strong sense of community. The area is lively and diverse, featuring a mix of restaurants, cafes, and unique shops that reflect the multicultural fabric of the city. Wychwood Barns Park offers green space and hosts a popular weekend farmers' market, while nearby Cedarvale Park provides trails, sports fields, and off-leash areas for dogs. The neighborhoods excellent public transit options make commuting downtown easy, yet it feels comfortably removed from the city's busiest areas. St. Clair West is a neighborhood that balances convenience, culture, and community charm. Financials on attachments.
Location
Province ON
County Toronto
Area Humewood-Cedarvale
Rooms
Family Room No
Basement None
Kitchen 1
Interior
Interior Features Other
Cooling Wall Unit(s)
Fireplace No
Heat Source Gas
Exterior
Garage None
Pool None
Waterfront No
Roof Type Not Applicable
Total Parking Spaces 1
Building
Foundation Not Applicable
Listed by HARVEY KALLES REAL ESTATE LTD.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN