462 Silverthorn Ave

GREAT RESIDENTIAL TRIPLEX! OVER 7% CAP RATE POTENTIAL. PERFECT FOR INVESTORS OR MULTI-GENERATIONAL LIVING. UPDATED/RENOVATED THROUGHOUT. EACH OF THE THREE UNITS IS A VERY SPACIOUS, SELF-CONTAINED 2-BEDROOM, 4 PC BATH WITH FULL KITCHEN APARTMENT. 2 NEW KITCHENS (UNIT #2 & UNIT#3). UNIT #1 KITCHEN WAS RENOVATED PREVIOUSLY AS WELL. FLOORING IS A COMBINATION OF HARDWOOD FLOORING, ENGINEERED HARDWOOD FLOORING AND VINYL WATERPROOF PLANK FLOORING. BATHROOMS HAVE ALL BEEN UPDATED. UPDATED WINDOWS. WATERPROOFING WAS DONE NOT LONG AGO ALONG THE BUILDING FRONT WALL. PORCH RAILING IS ALSO AN UPDATE, AS WELL AS, THE FRONT ENTRY PORCH ITSELF. SAFETY SENSOR LIGHTS ON THE COMMON STAIRWAYS/LANDINGS. TWO OVERSIZED SINGLE GARAGES AT THE REAR OF THE BUILDING. OUTDOOR REAR STORAGE SHED. ON SITE LAUNDRY ROOM WITH COIN OPERATED MACHINES FOR TENANTS CONVENIENCE ALSO ADD TO YOUR REVENUE STREAM. NEW RENTAL HIGH EFFICIENCY BOILER SYSTEM. SMOKE DETECTORS. MAIL IS DELIVERED INDEPENDENTLY TO EACH MAILBOX. ALL 3 UNITS ARE SEPARATELY METERED! IMPECCABLY KEPT AND FRESHLY PAINTED! DEDICATED PARKING FOR EACH UNIT PLUS GUEST PARKING AVAILABLE. CLOSE PROXIMITY TO ALL AMENITIES. QUICK ACCESS TO SUBWAY/PUBLIC TRANSPORTATION AND HIGHWAY. DON'T MISS THIS OPPORTUNITY TO INVEST IN A PROPERTY WITH CONSISTENT RENTAL DEMAND AND AN EXCELLENT LOCATION. IDEAL FOR TURNKEY INVESTORS OR END-USERS. SELLER IS MOTIVATED TO SELL. A RARELY AVAILABLE RESIDENTIAL MULTIPLEX. RESIDENTIAL FINANCING IS AN ADDED VALUE. A WONDERFUL CHANCE TO START OR EXPAND YOUR INVESTMENT PORTFOLIO. THE PROPERTY IS IN STELLAR CONDITION AND TRULY A REMARKABLE OPPORTUNITY FOR BUYERS.

GREAT INVESTMENT PROPERTY, STEPS FROM SCARBOROUGH HOSPITAL. THREE 3-BEDROOM APARTMENTS. HARDWOOD FLOORS THROUGHOUT, FIRE SAFETY DOORS, NEW ROOF (2021), COIN OPERATED WASHER AND DRYER. PARKING SPACE FOR 6 CARS. FEW MINUTES RIDE TO SCARBOROUGH TOWN CENTRE. TRIPLEX, CAN BE RENTED OUT AS RESIDENTIAL UNITS OR LIVE AND YOUR MORTGAGE IS PAID FOR BY YOUR TENANTS.

Apartment #1 Renovation 2023, New Energy Efficient Heating System with Nest Thermostat (2023), Roof Vent Guards (Raccoon intruder prevention) 2022, Attic Insulation 2022, New Roof 2020, Stair Treads, Risers & Stairwell Flooring 2019, Coin-operated Washer & Dryer 2019, Driveway Pavement Resurface2017, Waterproof Foundation Seal 2017, Apartment #2 & #3 Washrooms Renovated 2010, Exterior Shed2009. High Demand location for Tenants. Walking distance to T T C, Parks, Lake Ontario, Humber College & 24 Hour Rabba. Close To Hw427, Q E W, Gardiner Exp way, 12 Minute Drive To Downtown.