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 $6,250 per month (5.1% cap rate) with potential for higher market rents. 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.
All appliances included in the sale.
Broker: Re Max Ultimate Realty Inc
Name | Attributes | Dimensions (LxW) |
---|---|---|
Kitchen | Granite Floor, Modern Kitchen | 4.96 x 3.45 |
Living | Granite Floor, Combined W/Kitchen | 4.96 x 3.45 |
Br | Hardwood Floor, Double Closet | 3.59 x 2.84 |
2nd Br | Hardwood Floor, Closet | 3.59 x 3.19 |
Kitchen | Ceramic Floor, Modern Kitchen, W/O To Yard | 4.53 x 3.47 |
Living | Ceramic Floor, Combined W/Kitchen | 4.53 x 3.47 |
Br | Hardwood Floor, Double Closet | 3.78 x 2.79 |
2nd Br | Hardwood Floor, Double Closet | 3.64 x 4.35 |
Kitchen | Ceramic Floor, Modern Kitchen | 3.56 x 4.09 |
Living | Ceramic Floor, Combined W/Kitchen | 3.56 x 4.09 |
Br | Ceramic Floor | 3.02 x 3.33 |
2nd Br | Ceramic Floor | 2.23 x 3.27 |