9-11 Bracebridge Avenue
Woodbine-Lumsden, Toronto, M4C 2X6
FOR SALE
$3,199,000

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BEDROOMS6
BATHROOMS6
KITCHENS27
ROOMSE12084251
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Property Description
A fantastic investment opportunity awaits in prime East York! This fully tenanted, turnkey 6-plex in one of Toronto's most sought-after neighbourhoods is situated on a generous 75 x 100 foot lot. This property consists of five spacious 2-bedroom units and one 1-bedroom unit, providing consistent rental income with minimal upkeep. Conveniently located just steps from the TTC, schools, parks, and a short drive to the Danforth, downtown core, and Woodbine Beach. With approximately $135,000 in yearly net income, this is a low-maintenance addition to any portfolio-ideal for seasoned investors or those looking to break into the multi-residential market.
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Nearby Intersections
Property Features
Carpet Free, Other, Private
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Property Details
Address
9-11 Bracebridge Avenue
Community
City
Postal Code
M4C 2X6
Property Type
Multiplex, Multiplex
Lot Size
75' x 100'
Taxes
$8,247 (2024
Basement
Finished
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
8
Garage Type
None
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Listing contracted with Re/Max Premier Inc.
Attention Investors! An exceptional opportunity to acquire a fully leased 6-unit multi-residential property offering a high-performing rate of return on investment. Investors will benefit from a 5.5% going in CAP rate along with a 9.48% leveraged cap rate with 30% down--one of the best performing and maintained 6-unit buildings in central Toronto. Spread over approximately 4456 sq. ft. of rentable living space (including the basement and rear coach house), this well-maintained asset features a desirable unit mix of four 2-bedroom apartments and two 3-bedroom apartments, appealing to a broad range of tenants in a high-demand rental market. Significant improvements have been completed throughout the property, including updated kitchens, mechanical systems, decks, and improvements to major building components. Strategically positioned at the prominent intersection of Parliament and Gerrard, the property benefits from excellent street exposure, strong connectivity, convenient access to transit, as well as nearby shops and amenities. The property also offers flexible commercial/residential zoning, presenting versatile future redevelopment or value-add potential. Ideal for investors seeking stable cash flow today with long-term upside in a vibrant and highly desirable area.
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Great opportunity, income, Legally Sixplex apartment totally separated from each other, Separate Entrance Door. Walk to Eglinton Crosstown Station, Go Station, UPS Station, TTC Transportation HUB and more can not miss it !!
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Multi-unit investment opportunity on a large 55 x 100 ft lot in the desirable residential neighbourhood of Oakwood Village, Steps to St Clair Ave W & Oakwood Ave. This detached two-storey building located on a quiet street contains five self-contained units-three above grade and two in the basement-offering strong income potential and future upside. The property also features five surface parking spaces. A solid, well-configured asset ideal for investors looking to expand their portfolio or explore long-term redevelopment and value-add possibilities.
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