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Key Details
Sold Price $2,864,250
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Subdivision Elms-Old Rexdale
MLS Listing ID W7332902
Sold Date 05/31/24
Style 2-Storey
Bedrooms 7
Annual Tax Amount $3,178
Tax Year 2023
Property Sub-Type Multiplex
Lot Depth 107.0
Lot Front 48.0
Property Description
Take advantage of CMHC multi-family financing to acquire this brand new legal Five-plex with potential of only $140,000 down! Estimated gross rents of $160,800 per year and positive cashflow after all expenses. 5 self-contained units with private entrances separate utilities, onsite parking and in-unit laundry. Unit make-up consists of 2 x 2 bed/2 bath, 2 x 1 bed/1 bath and 1x 1 bed plus den /2 bath. Environmentally Sustainable Build. Situated a short distance from Downtown Toronto, property offers quick access to 401, Shopping, Costco, and Go Transit. Home warranty included.
Location
Province ON
County Toronto
Community Elms-Old Rexdale
Area Toronto
Zoning RM (U3) (X18)
Rooms
Family Room No
Basement Apartment, Finished with Walk-Out
Kitchen 5
Interior
Cooling Central Air
Exterior
Parking Features Private Double
Pool None
Lot Frontage 48.0
Lot Depth 107.0
Total Parking Spaces 5
Building
Building Age New
Others
ParcelsYN Yes
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