Residential Freehold
Located in Toronto W06, New Toronto
Price: 1799900.00 CAD
Contract Status: active
Property Description
Purpose-built sixplex in prime South Etobicoke, steps to Lake Ontario and Prince of Wales Park. Solid brick construction with four 2-bedroom units. All units are spacious and well-laid out, with good natural light. Quiet residential street near parks, trails, schools, and transit. Total sq ft 4,746 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 not 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 cashflow. Low vacancy area with consistent rental demand. Excellent location close to the lake, 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 FOR ONE YEAR.
Property Highlights
- Approximate Age: N/A
- Architectural Style: 2-Storey
- Construction Materials: Brick
- Bedrooms: 10
- Heat Source: Gas
- Heat Type: N/A
- Bathrooms: 6
- Lot Size: N/A
- Parking Spaces: 5 (Private )
Additional Details
- Cross Street: Lakeshore Blvd West & Islington Ave
- County/Parish: Toronto
- Zoning: N/A