Property Description

This updated multiplex home presents a great turnkey investment opportunity in the Earlscourt neighborhood for those interested in investing in Toronto’s freehold market! Fully rented with tenants in place, this property currently generates $6,520 per month ($78,240 annually) and a cap rate of 5.1% with potential for higher market rents. Live in the upper unit and have $4,265 monthly income .The house comprises 2 x 2-bedroom apartments on the upper levels and 1 x 1-bedroom apartment and 1 bachelor suite on the lower level, all with separate private entrances. The front basement apartment has a street-facing entrance. Additionally, the detached garage offers potential for a laneway suite build. The home boasts solid finishes throughout, such as hardwood floors on the upper levels, granite counters, and recently renovated bathrooms. There’s a coin-operated mutual laundry area, and the property features central air conditioning and heating. **** EXTRAS **** All appliances included in the sale. (id:24313)

Features
: Forced Air
: Central Air Conditioning
: Walk Out, Apartment In Basement
Address Map
Canada
Toronto
Ontario
Blackthorn
65
0
W80° 32' 28.9''
N43° 40' 34.6''
Additional information
1988592
ANDRE F. VELOSA
274885
RE/MAX ULTIMATE REALTY INC.
Freehold
: Lane
Semi-detached
Weston-pellam Park
1
Natural gas
C$0
C$0

Single Family For Sale

65 Blackthorn, Toronto

6 Bedrooms
4 Bathrooms
C$1275000
Listing ID #W8219814
Basic Details
Property Type : Single Family
Listing Type : For Sale
Listing ID : W8219814
Price : C$1275000
Bedrooms : 6
Bathrooms : 4
Agent info
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