Size
-
Lot size
580.64 sqm
Street frontage
S
Possession
Immediate
Price per sqm
-
Taxes
$15,801.15 (2023)
Parking Type
-
Style
2-Storey
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Description
Don't Miss Out On The Incredible Opportunity To Own This Purpose-Built Legal Multiplex, In A Prime Area Of South Etobicoke, Surrounded By Multi-Million Dollar Homes. The Solid Brick 9-Plex Consists Of 6 2-Bedroom, 3 1-Bedroom Units. These 15 Bedrooms In Total Have A Potential Of Producing Approximately $268,800 In Gross Annual Earnings, Which Makes This An Amazing Investment Opportunity. This Building Is Always Fully Rented And Offers A Fabulous Up-side On Tenant Turnover That Would Account For About 5.7% Of Return On The Investment Plus A Building Ownership! 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.
EXTRAS: 9 Parking Spots, 2 Balconies, 9 Individual Meters, Tenants Pay Their Own Hydro, Except Unit 1A
EXTRAS: 9 Parking Spots, 2 Balconies, 9 Individual Meters, Tenants Pay Their Own Hydro, Except Unit 1A
Broker: RIGHT AT HOME REALTY
MLS®#: W8338822
Property details
Parking:
9
Parking type:
-
Property type:
Multiplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
+465 sqm
Lot front:
15.24 M
Lot depth:
38.1 M
Listed on:
May 15, 2024
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