6.6% Cap Rate! 6 Unit Multiplex For Sale. Plus One Non-Conforming Unit In Bsmt. 6 x 2 Bed Units. 1 x 1 Bed Unit. 3 Renovated Units (2023) Currently Owner Occupied Suite Could Be Split Into 2 units. 2nd Floor Large 2 Bed Unit Has 2 Entrances And Has Potential To Split As Well. Value-Add Opportunity For The Right Operator. All Units Have Separate Hydro Meters. 3 Gas Meters. Some Long Term Tenants But Vacant Possession Be Discussed. 2 Parking Spots On Property, One Rented From Neighbour. Flat Roof Replaced 2024. Great Investment Property For An Experienced Investor Or First Timer. Current Gross Income $130,000. Insurance $5,980, Hydro $5,400, Gas $5,400, Water $6,600. Easy Access To Subway, Beaches, Shops On Kingston Rd, TTC Bus Stop At Door Step, Birchmount Park & Community Centre. Some Virtually Staged Photos.
EXTRAS: Refrigerator, Stove
Last updated on : Thursday 3rd of July 2025 12:30:35 PM
Street : 1408 KINGSTON ROAD
City : Toronto (Birchcliffe-Cliffside)
Country : Canada
Postal Code : M1N1R3
Property ID : E12253723
Building Type : Other
Property Type : Multi-family
Bedrooms : 13
Bathrooms : 9 + 1
Parking : 3
Parking Type: No Garage