400 Summerhill Avenue

Amazing Investment Opportunity! Corner Lot With Residential And/Or Commercial Structure. Rare, Highly Desirable, Self-Managed, Well-Maintained Multi-Residential Investment Opportunity Comprising Of A 3-Story Building, Minutes To St. Clair Ave. This Incredible Investment Property Offers, 2/One Bdrm Apartments With 2 Beautiful Large Exterior Decks (2nd& 3rd Floor) With 3 Large Bachelor Suite On Main Fl, And 3 Bdrms On Lower Level. Potential Rental Income Of $$$+ Year. With Huge Side Yard Patio. Multiplex Was Made For Turnkey Investors With Low Maintenance, Owner Occupiers Alike. Min To Golf, Parks, Public Transit & Shops.

ATTENTION INVESTORS! Turnkey, fully leased 4-unit multi-residential investment in the heart of Long Branch! This well-maintained property features an attractive unit mix with 2 one-bedroom units on the lower level and 2 three-bedroom units on the main and upper levels, providing approximately 2,382 sq. ft. of above-grade living space. Additional features include a double detached garage, 5 rear surface parking spaces, and on-site coin-operated laundry. Ideally situated near the shores of Lake Ontario with easy access to multiple transit options, schools, parks, shopping, dining, and everyday amenities. Fully occupied and income-producing, this is an excellent opportunity to acquire a well-positioned asset with strong tenant appeal to add to your portfolio. Expansive 6759 sq. ft. lot with development potential to add a garden suite. Average leveraged rate of return of 9.82% with 30% down. Gross Income: $109,080, Expenses $22,306, Net Income $86,774 in year 1.

Renovate or build: two great options for this highly visible corner property in Toronto's West Junction-Wallace area. Take advantage of the existing 4-unit building: 1 commercial and 3-Residential units, and renovate them for higher rental yields with an anticipated 8% leveraged return OR, benefit from Toronto's Major Street Initiative and create a design-build option for purpose-built multi-residential apartments. The property features a 425 sq. ft. main-floor commercial unit and three residential apartments located on the rear and upper levels. This well-maintained building offers almost 2,400 sq. ft. of above-grade space, with a flexible and income-friendly unit mix of two one-bedroom apartments and one three-bedroom apartment. Nestled in a desirable, transit-oriented location just minutes from Dufferin Station, the property benefits from strong rental demographics, excellent connectivity, and an impressive Walk Score of 88. Conveniently located near shops, restaurants, a community centre, and schools. The seller is a Registered Real Estate Agent (RREA).