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$ 3,499,000
Est. payment | /mo
9 Beds
$ 3,499,000
Est. payment | /mo
9 Beds
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
MLS Listing ID W9032629
Style 2-Storey
Bedrooms 9
Annual Tax Amount $15,395
Tax Year 2023
Property Description
Discover this incredible investment opportunity: a stunning 10-plex with 80% of the units fully professionally renovated. Located within walking distance to Humber College, this property is situated in a highly desirable area with a strong demand for rental apartments.The 10-plex is ideally positioned in a quiet neighbourhood, offering tenants a peaceful living environment while still being close to the vibrant life of the college campus. The proximity to Lake Ontario provides easy access to scenic views and outdoor activities, enhancing the appeal for prospective tenants.Each renovated unit boasts modern finishes, ensuring a comfortable and stylish living space. With high-quality materials and craftsmanship, the renovations have significantly increased the property's value and attractiveness. The remaining units offer potential for future upgrades, allowing for further value addition.Adding to the investment's appeal is the on-site coin laundry facility, providing extra income for the landlord. This convenient amenity is highly appreciated by tenants, further boosting the property's rental potential.Investors will appreciate the steady rental income potential, driven by the constant demand from students and professionals seeking convenient housing near the college. The property's location in a quiet neighbourhood with easy access to public transportation, shopping centres, and recreational facilities makes it an even more attractive option for renters.Don't miss out on this exceptional investment opportunity. Secure your future with this prime 10-plex near Humber College, where high demand and quality renovations promise a profitable venture.
Location
Province ON
County Toronto
Community New Toronto
Area Toronto
Region New Toronto
City Region New Toronto
Rooms
Family Room No
Basement Partially Finished
Kitchen 10
Separate Den/Office 5
Interior
Interior Features Separate Hydro Meter, Storage Area Lockers
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 8.0
Pool None
Roof Type Asphalt Rolled
Topography Dry
Total Parking Spaces 8
Building
Foundation Concrete
Listed by IPRO REALTY LTD