Discover a rare investment opportunity at 345 The East Mall, Etobicoke. This low-maintenance, fully rented townhouse complex features 34 units, all with 3 bedrooms, full basements (some are finished), and individual meters. Spanning 2 acres of prime land adjacent to Highway 427, this property offers easy access to major highways, transit, and key amenities like Sherway Gardens and Pearson Airport. With zero vacancies and a significant 78% upside in rental income, this property is perfect for investors seeking stable returns and exceptional growth potential in a high-demand area. **** EXTRAS **** 34 units, 3-bedroom with basements, 56 parking spots, 2 acres, and individually metered utilities. Surrounded by high-rises and prime amenities. Low maintenance with a history of 100% occupancy and substantial rental growth opportunity. (id:50886)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | W11946597 |
Property Type | Multi-family |
Neigbourhood | Eatonville |
Community Name | Islington-City Centre West |
Parking Space Total | 56 |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Interior | 1.95 Acres |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Size Frontage | 522.0000 |
Size Irregular | Unit=522 X 155 Acre |
Size Total Text | Unit=522 X 155 Acre |
Zoning Description | Residential-multiple |
Contact us for more information
Mamoun Hammoudah
Salesperson
(905) 695-7888
(905) 695-0900