Toronto E03 M4J 3S5

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 3 BR
Bathrooms: 8
Pets: Pets No

Financials

Price:C1,499,000
($1,073,269.01)
(€958,952.31)
Annual Taxes:C6,966.92
505 Park Ave, New York, NY 10022

Description

Exceptional Legal Four plex with 7 Total Units / 5 Vacant on Possession! Meticulously well maintained, this rare multi-use property presents a unique opportunity for investors or end-users. With five units vacant upon possession, you have the flexibility to set your own rents and maximize returns. The property offers a projected gross income of over $125,000 annually, with low operating expenses. Ideal for a variety of buyers: use the spacious top-floor as an generous sized owners suite while generating strong rental income, or purchase as a long-term investment. Its also a smart option for families looking to secure a first home for their children, with rental income to offset costs. Ideal intergenerational living and still have units to rent out. Multiple Options! Large 1.5 car garage for additional rental or potential future laneway suite access for extra income. A few short bus stops to Donlands Subway, nearby upcoming Ontario Line. Walk to quaint shops nearby. Easy access to DVP and a few short minutes to Yonge & Bloor by subway or car. Available For Financing, Please Speak To Listing Agent. Rare offering!

Amenities

  • Other
  • Water Heater Owned

Exceptional Legal Four plex with 7 Total Units 5 Vacant on Possession !


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.