Marvelous opportunity! Incredible location. Easy passive income with a 4.37% cap rate. Great spaces with natural light. A+ tenants. Multi-unit property with significant upgrade features, including 1x2 bedroom unit, 2x1 bedroom units on the second and third floor, and a bachelor in the basement. The secure common entrance features laundry and bike storage. The first level unit has a renovated kitchen, plenty of counter space with clever hotplates, and access to a sun-drenched south-facing backyard. One bedroom is on the main floor, and a second is in the basement, with a large bathroom and plenty of storage. The second floor has a large one-bedroom and loads of light. The third floor has a loft-like one-bedroom unit with a walkout to a small balcony and a fantastic unobstructed view. The high basement also features a sun-filled bachelor with a brand new walk-out and separate entrance with new foundations and a sump pump. The Solid double-car garage has laneway housing potential. Conveniently located right just steps from the subway and public transit. |
Extras: Amazing A+ tenants. Great rental income. Currently 4.2% cap rate. See attached financials. |
Price | $1,725,000 |
Taxes: | $6745.00 |
Address: | 45 Strathmore Blvd , Toronto, M4C 1N5, Ontario |
Lot Size: | 20.17 x 125.00 (Feet) |
Directions/Cross Streets: | Danforth and Donlands |
Rooms: | 9 |
Rooms +: | 1 |
Bedrooms: | 4 |
Bedrooms +: | 1 |
Kitchens: | 3 |
Kitchens +: | 1 |
Family Room: | N |
Basement: | Finished, Sep Entrance |
Approximatly Age: | 100+ |
Property Type: | Detached |
Style: | 3-Storey |
Exterior: | Alum Siding, Brick |
Garage Type: | Detached |
(Parking/)Drive: | Lane |
Drive Parking Spaces: | 0 |
Pool: | None |
Approximatly Age: | 100+ |
Fireplace/Stove: | N |
Heat Source: | Gas |
Heat Type: | Water |
Central Air Conditioning: | Wall Unit |
Laundry Level: | Main |
Elevator Lift: | N |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
UNION REALTY BROKERAGE INC. |
|
Book Showing | Email a Friend |
Type: | Freehold - Detached |
Area: | Toronto |
Municipality: | Toronto |
Neighbourhood: | Danforth |
Style: | 3-Storey |
Lot Size: | 20.17 x 125.00(Feet) |
Approximate Age: | 100+ |
Tax: | $6,745 |
Maintenance Fee: | $0 |
Beds: | 4+1 |
Baths: | 5 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: | None |