Invest in Toronto's freehold market - Turnkey Opportunity!

Description
$1275000

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.
When you call please mention you found this ad listing on OKz.ca

Contact Information

Contact Person:Andre
Address:65 Blackthorn Ave, Toronto, Ontario M6N 3H4
City:City of Toronto
Phone:416-999-XXXX (Show)
Asking Price:$1275000

Other Information

Bathrooms:4
Additional Options:Online Application
Bedrooms:6
For Sale By:Professional

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Andre

On OKz since February, 2018

416-999-XXXX


Posted on: 26/06/2024 @ 07:20 am

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