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:2493)
Property Type:
Multi-family
Common Interest:
Freehold
Property Attached:
Yes
Total Living Area:
3,750 sq. ft.348 m2
Finished Area Above Grade:
2,600 sq. ft.242 m2
Zoning:
RM(F21 ;A835 ;D1)
Taxes:
$5,384 /
-
Community:
TWDR - Downsview-Roding-CFB
Exterior Features:
Stucco, Brick Veneer
Community Features:
High Traffic Area
Structure Type:
Fourplex
Bedrooms:
8
Bathrooms:
4.0
Cooling:
Wall unit
Fireplace:
No
Heating:
Baseboard heaters
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Finished, Full
Lot Frontage:
32'9.75 m
Lot Features:
Southern exposure, Paved Driveway
Total Parking Spaces:
6
Photo 1 of 50
Photo 2 of 50
Photo 3 of 50
Narrow paved walkway with concrete and asphalt sections, bordered by a brick exterior and a chain-link fence
Expansive backyard featuring a natural grass lawn, partial paving stones, and wood privacy fencing
Photo 6 of 50
Tiled hallway with neutral-toned flooring and painted walls featuring a wainscoting of light brown square tiles
Staircase with carpeted treads and painted risers, featuring a white painted handrail
Stairwell featuring a tall, vertical window providing natural light, durable terrazzo-style flooring, a white painted railing, and neutral wall finishes
Multi-level stairwell featuring terrazzo flooring, white painted railings, and neutral wall finishes
Stairwell featuring white painted walls and a white metal railing
Electrical service panels and utility meters
Dedicated laundry area featuring a utility sink, a washer, and a dryer
Utility area featuring multiple water heaters, extensive copper piping, and a tiled floor
Living area featuring wood-finish flooring, crown molding, and recessed lighting
Photo 17 of 50
Contemporary kitchen featuring dark gray cabinetry, black countertops, and a full-height backsplash with a white veining pattern
Contemporary kitchen featuring dark cabinetry with brushed nickel hardware
Bathroom featuring floor-to-ceiling marble-look tile, a grey vanity with ample storage, a white countertop with an integrated sink, a rectangular mirror with integrated lighting, and a circular wall s
Enclosed shower featuring a rainfall showerhead, glass enclosure, and white marble-style wall tiling
Walk-in shower featuring a frameless glass enclosure, white marble-style tile surround, rain shower head, and an integrated shower system
Wood-finish flooring throughout, featuring a recessed window with blinds, and a flush mount ceiling light fixture
Room featuring wood-finish flooring, a window with horizontal blinds, and a flush-mount ceiling light fixture
Long hallway featuring wood-finish flooring, recessed ceiling lighting, and neutral wall tones
Open-concept living and dining area featuring wood-finish flooring, crown molding, and a textured ceiling
Kitchen featuring dark wood cabinetry, black countertops, and a full suite of stainless steel appliances
Kitchen featuring dark wood-finish cabinetry, black countertops, and a subway tile backsplash
Living area featuring wood-finish flooring, a textured ceiling, crown molding, and expansive windows with natural light
Hallway featuring wood-finish flooring, light-toned wall paint, white baseboards, and a flush-mount ceiling light fixture
Bedroom featuring wood-finish flooring, neutral wall paint, and a textured ceiling
Wood-finish flooring provides a durable surface throughout this room
Room featuring wood-finish flooring, neutral wall paint, and a window with a window-mounted air conditioning unit
Full bathroom featuring a dark wood-finish vanity with a dark countertop, an integrated sink, and a wall-mounted mirror
Hallway featuring wood-finish flooring, white trim, and a ceiling-mounted light fixture
Bedroom featuring wood-finish flooring, a window with curtains, and a ceiling-mounted light fixture
Stairwell featuring terrazzo treads, a painted metal railing, and a wall-mounted radiator
Photo 39 of 50
Recessed ceiling lighting illuminates this living space featuring wood-finish flooring
Recessed ceiling lighting illuminates a room featuring a window with privacy fencing visible outside
Bathroom featuring a built-in tub with a shower fixture, gray tile surround, dark wood-finish vanity with an integrated sink, and a black-framed mirror with industrial-style lighting
Room featuring dark wood-finish flooring, light neutral-toned walls, and white baseboards
Photo 44 of 50
Photo 45 of 50
Bathroom featuring a stall shower with tiled walls and a linear drain
Kitchen featuring dark wood-finish cabinetry, a white subway tile backsplash, light-colored countertops, a stainless steel sink with a gooseneck faucet, and light-toned tile flooring
Kitchenette featuring dark wood cabinetry, a light wood-finish countertop, and a white subway tile backsplash
Kitchen featuring dark wood-finish cabinetry, light countertops, and a subway tile backsplash
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.