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In-PersonVirtual Tour
$ 1,799,900
Est. payment | /mo
6 Baths
4,746 SqFt
$ 1,799,900
Est. payment | /mo
6 Baths
4,746 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,746 sqft
Price per Sqft $379
Subdivision New Toronto
MLS Listing ID W12104972
Annual Tax Amount $8,598
Tax Year 2024
Property Sub-Type Investment
Property Description
Purpose-built sixplex in prime South Etobicoke, steps to Lake Ontario and Prince of Wales Park. Solid brick construction with four 2-bedroom units and two 1 bedroom units. All units are spacious and well-laid out, with good natural light. Quiet residential street near parks, trails, schools, and transit. Total area 4,747 sq ft as per floor plans. Recent capital improvements include: full electrical rewiring (2022), fire safety upgrades (2022), new PVC sewer line (2020), and roof replacement (2012). Units are separately metered (hydro). Coin-operated laundry on-site adds additional income. Private drive with Five surface parking spots at rear. Reliable tenant profile with significant upside on turnover, rents are currently below market. Strong long-term hold with stable income and potential to improve cash flow. Low vacancy area with consistent demand. Excellent location close to the lade, shops, transit, and major highways. Ideal for investors seeking a turn-key multi-unit asset in a desirable west-end neighbourhood. PROPERTY IS FULLY TENANTED, ALL TENANTS TO BE ASSUMED. DO NOT ASK FOR VACANT POSSESSION. Please do not disturb tenants or walk the property without an appointment. One year Property Management included, ask LA for details. FREE PROPERTY MANAGEMENT SERVICES FOR ONE YEAR.
Location
Province ON
County Toronto
Community New Toronto
Area Toronto
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 40.06
Lot Depth 123.26
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