Incredible turn key investment opportunity with strong CAP rate in convenient North York Downsview neighbourhood, just a short distance from Humber River Hospital, public transit, 401 access and Sheridan Mall. Legal 4 Plex with city approval. Top two apartments offer generous 3 bedroom $1815+hydro and 3 bedroom + den $1825+hydro (both long term tenants under market rent) both with private 17.5 ft wide balconies. 2 - 1 bedroom units $1900+hydro and $1450 including hydro. 3 storage lockers and shared coin operated laundry in basement. Large backyard common area. 4 hydro meters, tankless owned water heater, 6 parking spots. Building has been updated throughout. Excellent, long term AAA Tenants. Don't miss out on this rarely offered investment. (id:13843)
| MLS # | 40861412 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1959 |
| Days On Site | 58 |
| Listing Provided By | Royal LePage State Realty Inc. | Andrew Karpavicius |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,750 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | RM(F21 ;A835 ;D1) |
| Cooling | Wall unit |
|---|---|
| Heating | Baseboard heaters |
| Fireplace Yes / No | No |
| Lot Features | Southern exposure, Paved driveway |
|---|
| Parking Total | 6 |
|---|
| Sewer | Municipal sewage system |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 5384 |
|---|
| Province | ON |
|---|---|
| City | Toronto |
| Postal Code | M3M1H8 |
| Community Name | TWDR Downsview Roding CFB |
| Listing VS Median (in TWDR Downsview Roding CFB) | |
Price: $1,495,000 low | high Med: $609,500 sqft: 3,750 low | high Med: 1,190 $ / sqft: $399 low | high Med: $554 On site: 58 low | high Med: 52 | |
| Province | ON |
|---|---|
| City | Toronto |
| Postal Code | M3M1H8 |
| Community Name | TWDR Downsview Roding CFB |
| Listing VS Median (in TWDR Downsview Roding CFB) | |
Price: $1,495,000 low | high Med: $609,500 sqft: 3,750 low | high Med: 1,190 $ / sqft: $399 low | high Med: $554 On site: 58 low | high Med: 52 | |