Toronto E02 M4L 3P7 Ontario
MLS: E12409932
Added 1 hour ago | For Sale
Listed by: RE/MAX HALLMARK RICHARDS GROUP REALTY LTD.
Fully renovated, high income-generating multiplex in prime Beach! Turn-key multi-unit residence with 6 self-contained 1-bedroom units, separately metered. All units are vacant except for the front basement suite (month-to-month tenant at $1,480/mo). Entire house has been meticulously managed and gutted with new studs, insulation, and drywall. Upgrades include: new plumbing and electrical systems (two 200-amp services and 7 separate meters), soundproofing, underpinned basement with 8 foot ceilings and 3 walkouts, newer roof (2019), mostly Pella windows, and 2 energy-efficient heat pumps. Wide & deep lot (27x140). Parking for up to 4 cars is possible. No detail overlooked! Projected $126,000/yr NOI (or potential for AirBnB income) for excellent cap rate of approx 6% in one of Toronto's most sought-after neighbourhoods! Just steps from public transit, shops on Queen Street, as well as the boardwalk and the lake. Pride of ownership is clear and it's a joy to show! Brochure with floor plans and projected financials attached.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Living Room | Bay Window, Open Concept, Hardwood Floor | 13 ft, 6 in x 14 ft, 9 in |
| Kitchen | Centre Island, Renovated | 10 ft, 4 in x 7 ft, 5 in | |
| Bedroom | Open Concept, B/I Closet, Hardwood Floor | 9 ft, 9 in x 11 ft, 7 in | |
| Second | Living Room | Bay Window, Open Concept, Hardwood Floor | 10 ft, 5 in x 10 ft, 3 in |
| Kitchen | Stainless Steel Appl, Open Concept | 10 ft, 4 in x 4 ft, 6 in | |
| Bedroom | Window | 9 ft, 8 in x 7 ft, 10 in | |
| Living Room | Large Window | 7 ft, 5 in x 9 ft, 7 in | |
| Kitchen | Open Concept, Combined w/Dining, Stainless Steel Appl | 9 ft, 10 in x 7 ft, 2 in | |
| Bedroom | Window, Closet | 9 ft, 1 in x 9 ft | |
| Third | Living Room | Walk-Out, Open Concept | 10 ft, 10 in x 6 ft, 9 in |
| Kitchen | Open Concept, Stainless Steel Appl | 11 ft, 3 in x 4 ft | |
| Bedroom | Large Window, Closet | 10 ft, 11 in x 10 ft, 10 in | |
| Basement | Living Room | Open Concept, Pot Lights | 12 ft, 10 in x 13 ft, 2 in |
| Kitchen | Open Concept, Pot Lights | 6 ft, 8 in x 7 ft, 1 in | |
| Bedroom | Window | 9 ft, 6 in x 6 ft, 10 in | |
| Living Room | Open Concept, Pot Lights | 13 ft, 3 in x 11 ft, 1 in | |
| Kitchen | Stainless Steel Appl | 8 ft, 9 in x 3 ft, 4 in | |
| Bedroom | Large Window | 6 ft, 9 in x 8 ft, 1 in |
No property rooms available.
