Commercial
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 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 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 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.
Property Highlights
- Approximate Age: N/A
- Architectural Style: N/A
- Construction Materials: N/A
- Bedrooms: N/A
- Heat Source: N/A
- Heat Type: N/A
- Bathrooms: 6
- Lot Size: N/A
- Parking Spaces: 5 (N/A )
Additional Details
- Cross Street: Lakeshore/Islington
- County/Parish: Toronto
- Zoning: RM (u3;d0.6*23)