199 Dunn Ave

FOR SALE
$2,350,000
Sold
$2,175,150
199 Dunn Ave, Toronto
199 Dunn Ave
199 Dunn Ave
199 Dunn Ave
199 Dunn Ave
199 Dunn Ave
199 Dunn Ave
199 Dunn Ave
199 Dunn Ave
199 Dunn Ave
5 + 1
BEDROOMS
4
BATHROOMS
3 + 1
KITCHENS
13 + 4
ROOMS
W4969433
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-10-27 2020-12-21 55 $2,350,000 $2,175,150 Sold
Property Description
Don't Miss This One! Legal Luxury Fourplex Generating Over $100,000 In Income. Situated On Premium 163' Deep Lot In The Super Hot Queen West Parkdale Village. This Home Has Been Meticulously Renovated Throughout. The Main Floor Unit Features Custom Woodwork And High End Finishes And Appliances. 3 Above Ground Units All Feature Their Own Private Terrace And Fireplaces. Double Car Garage And Parking For 4. Over 4500 Square Feet Of Living Space
Extras
See Virtual Tour For Complete Walkthrough. 4 Complete Move In Ready Units. 2X Two Bedroom And 2X One Bedroom. All Units Separately Metered. The Perfect Turnkey Investment Property Or End User Plus Income.
Property Details
Street
Property Type
Fourplex, 3-Storey
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Newly renovated brick quadplex in Etobicoke. Turnkey Investment opportunity or residential home in the heart of Mimico. A rare find, this low-maintenance brick building offers 4 beautifully updated units, two 2-bedroom units and two 1-bedroom basement apartments. Each unit provides privacy and comfort for tenants including a spacious backyard with greenery and 6 car surface parking. Ideally located close to Mimico GO Train offering a quick and direct commute to downtown Toronto. Enjoy the convenience of nearby shops, restaurants, parks, and the waterfront of Lake Ontario. Recent updates include kitchens, bathrooms, floors, lighting, HVAC and more. Coin-operated laundry income. Sitting on a large lot, this property has potential for expansion offering fantastic opportunity. Whether you're an investor looking for good cash flow or a buyer seeking a multi-unit home with rental income, this four-plex is a must-see. Don't miss out on this prime opportunity! Estimated property cap rate: 4.87%. See attached feature sheet for additional estimated financial information. This property presents a strong investment opportunity with consistent income, reasonable expenses, and potential for growth.
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