Description
Attention Investors! Well kept 3 story Stucco and brick 11plex Apartment Building with Healthy Cash Flows. Unit Rentals, parking, and laundry total Income $182,551.08; taxes, water, waste, heating, insurance, hydro total $49,779; see attached financials for details. 7 2bdrm apartments, 1 1bdrm apartment, 1 Jr-1bdrm apartment, and 2 bachelor apartments. Excellent growth potential! One brand new unit and only one other unit renovated. 2 dble garages plus 7 private parking spaces. Gross floor area 9530 sq ft total. Terrazzo floors in common areas. Coin laundry income in building. Duro-Last roof 2012, windows 2009, plaster 2009. Recent Phase II Environmental Report and Remediation Completed. Survey available. As to not disturb Tenants, Please submit conditional offer to inspect the property. Tenants pay their own hydro.
Overview
Property ID:
W12363535
Type:
Multiplex
Bedrooms:
16
Bathrooms:
11
Price:
$2,950,000
PropertyType:
Residential Freehold
TransactionType:
For Sale
BuildingAreaUnits:
Square Feet
Cooling:
None
Heating:
Water
ParkingFeatures:
Attached
YearBuilt:
Unknown
TaxAnnualAmount:
17251
PossessionDetails:
60days/TBD
Map
-
AddressToronto W04
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