176-178 Balsam Ave

Coming to the market for the first time ever; you truly only get a shot at something like this once in a lifetime! Endless opportunities exist within this massive turnkey multiplex situated on a 50 x 140 foot lot only minutes to Yonge & Eglinton. This property is currently set up as six units - FOUR 3 bedroom 1 bathroom and TWO 2 bedroom 1 bathroom, all occupied with solid rents. For the investor, assume decades of stable income and AAA tenant history and increase rents over time, or build and move into an ample sized owner's suite. For the builder , a 50 x 140 with laneway access at the back offers the opportunity to create additional units or sever and build down the line. Located five minutes walk to Eglinton subway station to head North, South, East, or West with the new LRT coming online and only a quick walk to all of midtowns best restaurants, shopping and cafes.

Great investment opportunity. Four 2-bedroom apartments & two 1-bedroom apartments. 2 bed 950 sq ft each, 1 bed 700 sq ft. 10 parking spaces and 6 storage lockers. New roof and furnace, radiant heating throughout. Separate coin laundry on lower level (washer and dryer) produces $700-$1400 per month.

Renovated, Detached Purpose Built Brick 6 Unit Income Property Like No Other Situated In 1 Of Toronto's Most Rentable Neighbourhoods! Victorian-Style Bldg With Each Unit Showcasing Their Own Unique Charm And Modern Finishes. Large Layouts With Original Hardwood In Some Units, Stained Glass Windows, Exposed Brick+Beam An Investment Property You Have To See To Believe.