28A Third St
Toronto, M8V2X6
For Sale
$3,195,000
➧
➧
Apartment
CATEGORY3,648 Sq Ft
TOTAL AREAW10422788
MLSIDContact Us
Property Description
2.91% assumable mortgage due June 2030 with an extremely low monthly payment of only $7,988! This turn key six-plex contains 5-two Bedroom units and 1-bachelor unit. Building and units were fully renovated in 2019, down to the studs. All units fully renovated throughout with quality, long lasting finishes including new kitchen, bathrooms, radiators, floors, appliances, in-wall AC units and in-suite washer/dryer. The building has new electrical & plumbing throughout, furnace, on-demand hot water, FOB entry and security cameras. Essentially a no maintenance building. All units fully tenanted, at market rent. A once in a lifetime opportunity to go back in time and buy with low rates. Individual hydro meters. 5 car parking. $500,000 of interest rate savings over the remaining term of the mortgage (5 years) using todays rates.
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Extras
Mortgage of $2,100,000 at 2.91% monthly payments of $7,988 due June 1st, 2030. Original amortization of 40 years. Total sq. ft. of 3,648 as per floor plans includes. All units are renovated the same as the unit in the photos.
Property Details
Category
Apartment
Usage
Apts-6 To 12 Units
Zoning
Residential Multiplex
Total Area
3,648 Sq Ft
Lot Size
50' x 57'
Taxes
$6,903 (2024)
Air Conditioning
Yes
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Listing contracted with Brad J. Lamb Realty 2016 Inc.
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