Listing courtesy of RIGHT AT HOME REALTY
A Wonderful Opportunity To Own This Purpose-Built Multiplex, In A Prime Area Of South Etobicoke, Surrounded By Multi-Million Dollar Homes. The Solid Brick 9-Plex Consists Of 6 2-Bedroom And 3 1-Bedroom Units With 2 Balconies. These 15 Bedrooms In Total Produce About $172k Of Gross Annual Rental Income With A Potential To Further Improve Easily. This Building Is Always Fully Rented Due To Great Management And Care By The Owner, And Offers A Fabulous Up-Side On Tenant Turnover. This Could Account Upward Of 5.7% Of The Return On The Investment Plus A Building Ownership That Grows Equity! The Units Are Updated And Bright, Very Clean & Easy To Rent. Very Well Managed Building, With Great Tenants, In A Perfect Location, Near GO Station, Amenities, The Lake And The Gardiner ExpressWay.
Listing courtesy of RIGHT AT HOME REALTY. Listing data ©2024 Toronto Real Estate Board. Information deemed reliable but not guaranteed by TREB. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Data last updated: Wednesday, September 4th, 2024 06:42:32 AM.
Data services provided by IDX Broker
| Price: | $3,199,900 |
| Address: | 231 Melrose St |
| City: | Toronto |
| County: | Toronto |
| State: | Ontario |
| Zip Code: | M8Y 1B8 |
| MLS: | W9297693 |
| Bedrooms: | 9 |
| Bathrooms: | 9 |
