Great opportunity to live and rent or just as a total investment property. Top floor is a 3-bedroom unit. Second floor is a 3-bedroom unit with possible alterations. Main floor is a 2-bedroom unit. And the lower unit is a 1-bedroom unit with possibilities to change to a 2-bedroom unit. Total renovation completed in 2023. Close to 4,500 sq ft of living space. Modern decor and clean lines. 9-foot ceilings in basement, main, second, and 8-foot ceilings on the third floor. Lots of storage space. Good Cap rates for a Toronto investment property and the possibility to increase with minimal alterations to close to 5.0%. Current gross rents are $132K (including utilities) with the possibility of increasing to $150K plus utilities. See floor plans for configuration and measurements. 4 car lane parking. Shed for storage in the back. Qualified to add a laneway suite in the back to live/rent/sell. Great neighbourhood with a very good Walk Score. **** EXTRAS **** 2 Apartment sized laundry sets, Washer/Dryer. White fridge. Electric Stove, Fridge, Microwave, Dishwasher. Apartment sized fridge, 2-burner induction cooktop. Stainless Steel fridge, 2-burner induction cooktop. All Electric light fixtures. (id:50886)
BusinessType | Residential |
BusinessSubType | Apartments |
MLS® Number | E11823354 |
Property Type | Multi-family |
Community Name | South Riverdale |
AmenitiesNearBy | Highway, Public Transit |
ParkingSpaceTotal | 3 |
BathroomTotal | 7 |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 4494 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Highway, Public Transit |
SizeDepth | 135 Ft |
SizeFrontage | 25 Ft |
SizeIrregular | 25 X 135 Ft |
SizeTotalText | 25 X 135 Ft |
ZoningDescription | Residential |
Contact us for more information
Robert Wong
Broker