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Key Details
Sold Price $1,860,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID C9030340
Sold Date 11/04/24
Style 2-Storey
Bedrooms 8
Annual Tax Amount $5,803
Tax Year 2024
Property Description
Rare to find fully owner occupied multiplex, vacant possession available!. Most multiplexes for sale require you to assume current tenants with low rents, but not here!, endless options to live and rent to supplement mortgage, or rent all suites collecting current market-rents for a great 5% cap rate, (estimated on market rents in the area). - This owner-occupied multiplex has been meticulously maintained and cared for, featuring two spacious three-bedroom units, each over 1,100 SQF in size + balconies, plus a two-bedroom lower level suite with a private backyard. Every suite features a private entrance and its own central air system for maximum comfort. The double garage is prepped with all necessary rough-ins to convert it into a fourth suite. Located in Oakwood Village, walking distance to Cedarvale Park, close to Eglinton West TTC and future Crosstown LRT, quick driving access to Allen Rd and 401. **rare to find 5% cap rate based on market-rents in the area, full financials attached or ask L.A. **Easily add ensuite laundry on main and upper suites for higher rent rates, estimated total cost under $15k total, buyer or agent to verify. - Offers anytime!
Location
Province ON
County Toronto
Rooms
Family Room No
Basement Apartment
Kitchen 3
Interior
Interior Features Other
Cooling Central Air
Exterior
Garage Private
Garage Spaces 6.0
Pool None
Roof Type Shingles
Total Parking Spaces 6
Building
Foundation Unknown
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