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9 + 6
BEDROOMS9
BATHROOMS9
KITCHENS39
ROOMSW9297693
MLSIDContact Us
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-04 | 2024-09-10 | 6 | $3,199,900 | $3,145,000 | Sold |
| 2024-06-18 | 2024-09-05 | 79 | $3,495,000 | - | Terminated |
| 2024-05-14 | 2024-06-18 | 35 | $3,699,900 | - | Terminated |
| 2024-04-24 | 2024-05-14 | 20 | $3,999,900 | - | Terminated |
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Property Description
A Wonderful Opportunity To Own This Purpose-Built Multiplex, In A Prime Area Of South Etobicoke, Surrounded By Multi-Million Dollar Homes. The Solid Brick 9-Plex Consists Of 6 2-Bedroom And 3 1-Bedroom Units With 2 Balconies. These 15 Bedrooms In Total Produce About $172k Of Gross Annual Rental Income With A Potential To Further Improve Easily. This Building Is Always Fully Rented Due To Great Management And Care By The Owner, And Offers A Fabulous Up-Side On Tenant Turnover. This Could Account Upward Of 5.7% Of The Return On The Investment Plus A Building Ownership That Grows Equity! The Units Are Updated And Bright, Very Clean & Easy To Rent. Very Well Managed Building, With Great Tenants, In A Perfect Location, Near GO Station, Amenities, The Lake And The Gardiner ExpressWay.
Extras
2 Balconies, 9 Surface Parking Spots, 9 Individual Hydro Meters, Tenants Pay Their Own Hydro Except Unit 1A.
Property Features
Hospital, Public Transit, School
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
50' x 125'
Fronting
South
Taxes
$15,801 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 8.86' x 16.40' |
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Similar Listings
This building is on Eglinton ave west where a future subway stop will be located with connections to every part of the city and beyond. It is a 2 storey, 14 unit apartment building comprised of 10 residential units and 4 main floor commercial/retail spaces. Municipal addresses are 2007, 2009, 2011 and 2013 Eglinton Ave West. Lot size is 6250 square feet. The building itself has 10,000 square feet of floor space. There are solar panels on the roof and there is a lower level full height basement. The property is being sold based on land and building value only.
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