This updated multiplex home presents a great turnkey investment opportunity in the Earlscourt neighborhood for those interested in investing in Toronto's freehold market! Fully rented with tenants in place, this property currently generates $6,520 per month ($78,240 annually) and a cap rate of 5.1% with potential for higher market rents. Live in the upper unit and have $4,265 monthly income .The house comprises 2 x 2-bedroom apartments on the upper levels and 1 x 1-bedroom apartment and 1 bachelor suite on the lower level, all with separate private entrances. The front basement apartment has a street-facing entrance. Additionally, the detached garage offers potential for a laneway suite build. The home boasts solid finishes throughout, such as hardwood floors on the upper levels, granite counters, and recently renovated bathrooms. There's a coin-operated mutual laundry area, and the property features central air conditioning and heating.
All appliances included in the sale.
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Contact Person | : | Andre |
Address | : | 65 Blackthorn Ave, Toronto, Ontario M6N 3H4 |
City | : | City of Toronto |
Phone | : | 416-999-XXXX (Show) |
Asking Price | : | $1275000 |
Bathrooms | : | 4 |
Additional Options | : | Online Application |
Bedrooms | : | 6 |
For Sale By | : | Professional |
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