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$ 3,895,000
Est. payment | /mo
11 Beds
13 Baths
$ 3,895,000
Est. payment | /mo
11 Beds
13 Baths
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Long Branch
MLS® Listing ID W11920818
Bedrooms 11
Half Baths 1
Originating Board Toronto Regional Real Estate Board
Property Description
Opportunity of a lifetime to own this Fully Renovated from Top to Bottom Multiplex in one of the most high demand areas of Long Branch, Etobicoke, Toronto, steps to the lake. Situated on a massive 70 ft. x 146 ft. lot facing East. Surrounded by Multi Million dollar homes and sprawling condo and town home developments. This 6-unit Multiplex has FIVE 2-Bedroom Apartments and ONE 1-Bedroom Apartment. All Vacant and ready to put your perfect tenant inside! Private electronic gated 10 spot parking! Tenant Green Space in front and back, great curb appeal with brick exterior, walking distance to Junior and High Schools, Lake Ontario, Parks, TTC, Gardiner Expressway, close to Long Branch GO Train. Units will rent in a heartbeat! All units fully renovated, sound proofed, with brand new Air Conditioners installed, and all units have IN-SUITE Laundry! 4 Units with Balconies. Front and Back door entry/exit. Separate Superintendent/Property manager management office, shower, kitchenette, security system on site! These 11 Bedrooms have a potential of making a conservative $220,000 in Gross Annual Income, amazing Investment Opportunity easily rented and very low tenant turnover in a high demand area. Buy now and get a foothold in the area, and reap the benefits of the investment and then tear down and build 2 multi million dollar homes down the road, or do nothing and relax as the entire multiplex has been renovated and is ready to earn you considerable return! Possibility to build additional Lane way/Garden Suite property on site for even more rental income. **EXTRAS** 4 Balconies,Gated Electronic Parking For 10 Cars, 6 Sep Hydro Meters,In-Suite Laundry In Every Unit,Superintendent/Prop Mgmt Office/Shower&Kitchen,Sec Sys, New 2024 Boiler Owned, Aluminium Wdw, Roof 8 Years Old,Brand New A/C In Every Unit (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
Fence Fenced yard
Community Features Community Centre
View Y/N No
Total Parking Spaces 10
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Virtual Tour https://youriguide.com/18_thirty_third_st_toronto_on/
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada