2 Hyde Avenue
Keelesdale-Eglinton West, Toronto, M6M 1J3
FOR SALE
$2,150,000
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BEDROOMS4
BATHROOMS4
KITCHENS16
ROOMSW12912784
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Property Description
Profitable and Unheard of 4.25% Cap Rate in Toronto for this 4-Suite Multiplex - Investor Purchase Or Live in One Suite and Let the Other Three Pay Your Mortgage! Turn-key investment in Toronto's rapidly transforming Keelesdale neighbourhood. This fully occupied residential fourplex is ideal for house-hackers or investors seeking immediate cash flow. Property Highlights: Four upgraded units: Three 2-bedroom, 1-bath + one oversized 1-bedroom, 1-bathModern finishes throughout: stainless steel appliances, laminate flooring, upgraded quartz counters & backsplashes. Strong rental income potential: The Four suites generate $8,500+ monthly gross in today's rental market. Separate entrances and low-maintenance ownership. Prime Location:Steps to TTC transit, shops, restaurants. Perfect for quality tenants and future appreciation in this up-and-coming west-end pocket. Whether you want to live in one unit rent-free or add a solid cash-flowing asset to your portfolio, this multiplex delivers and is ready for immediate ownership.
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Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, On Demand Water Heater, Separate Heating Controls, Carpet Free, Private
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Property Details
Address
2 Hyde Avenue
Community
City
Postal Code
M6M 1J3
Property Type
Multiplex, Multiplex
Zoning
RM
Lot Size
26' x 194'
Taxes
$8,898 (2026
Basement
Apartment
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
None
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Listing contracted with Re/Max Experts
Welcome to 40 Dominion Rd, an Incredible Rare Investment Opportunity Located South Of Lake Shore Blvd in the Heart of Long Branch. Steps away from the Long Branch GO Station, Marie Curtis Park, Trendy Shops and Major Highways with Direct access from Browns Line to Sherway Gardens, 427 and QEW/Gardiner. The Property Sits on a Very Large 45 x 150 ft Deep exterior Lot with an incredible Detached Double Garage complete with Electricity and Expansion Potential. This legal Triplex has 4 rentable units, including 2 very large 3-bedroom apartments on the 1st and 2nd floor, with an additional 2 lower units, each with 1 Bedroom and a large Kitchen/Living area. The Basement is complete with coin laundry and all windows are above grade. The unit has an excellent financial profile and a fantastic net operating income. If you are looking for a great return on investment with additional future upside Potential, Then Look no further, Your dream investment opportunity is here! **EXTRAS** This Property Also Qualifies For A 1290 sq ft Garden Suite Which Would Increase the Income and Value To The Owner. Property has a 4.5% cap rate.
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Act now, Spacious Four Plex In Demand Location Close To All Amenities, 70 By 120 Foot Lot, 4 Units, 4 car garage Plus 2 Additional Parking , Apartments Have Open Concept ,4 Kitchens, 4 bathrooms, Coin Operated Laundry, Income Statement Available , Rents Can Be Improved, Transit Nearby, Minutes To Downton, Must See Property .
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