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. |
Price | $1,799,900 |
Taxes: | $8598.00 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 35 Third Stre , Toronto, M8V 2X7, Toronto |
Postal Code: | M8V 2X7 |
Province/State: | Toronto |
Directions/Cross Streets: | Lakeshore/Islington |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Apartment |
Use: | Apts - 6 To 12 Units |
Building Percentage: | T |
Total Area: | 4746.00 |
Total Area Code: | Square Feet |
Financial Statement: | T |
Chattels: | F |
Expenses Actual/Estimated: | $Est |
Washrooms: | 6 |
Heat Type: | Gas Hot Water |
Central Air Conditioning: | No |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
HARVEY KALLES REAL ESTATE LTD. |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Toronto |
Municipality: | Toronto W06 |
Neighbourhood: | New Toronto |
Tax: | $8,598 |
Baths: | 6 |
Fireplace: | N |