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$ 949,000
Est. payment | /mo
5 Beds
4 Baths
2,000 SqFt
$ 949,000
Est. payment | /mo
5 Beds
4 Baths
2,000 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $474
Subdivision Beasley
MLS® Listing ID X12201532
Bedrooms 5
Source Toronto Regional Real Estate Board
Property Description
Turn-Key 4-Plex Investment Opportunity in Prime Downtown Location. Rare opportunity to own a fully tenanted and updated 4-unit multiplex in the heart of downtown, just steps from Jackson Square and within walking distance to all major amenities.This well-maintained building features three 1-bedroom units and one 2-bedroom unit, each separately metered for hydro, offering strong income and minimal overhead. With a gross annual income of $84,000, this is the perfect property for first-time or seasoned investors looking for reliable cash flow. Property Highlights:Unit Mix: 3 x 1-Bedroom, 1 x 2-BedroomGross Income: $84,000 per year Condition: All units updated and furnished to standard. Features: Terrazzo floors in hallways, carpeted stairsFire Safety: Fire alarms and extinguishers on each hallway levelExtras: Locker room, on-site parkingSecurity: Very secure buildingThis is a hands-off, income-generating property in a high-demand area nothing to do but collect rent. Ideal for investors seeking stability and strong rental demand in a growing urban market. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
Community Features School Bus
View Y/N No
Total Parking Spaces 1
Private Pool No
Building
Sewer Sanitary sewer
Listed by RE/MAX ABOUTOWNE REALTY CORP.