Incredible turn key investment opportunity with strong CAP rate in convenient North York Downsview neighborhood, just a short distance from Humber River Hospital, public transit, 401access and Sheridan Mall. Legal 4 Plex with city approval. Top two apartments offer generous 3bedroom $1815+hydro and 3 bedroom + den $1825+hydro (both long term tenants under market rent)both with private 17.5 ft wide balconies. 2 - 1 bedroom units $1900+hydro and $1450 including hydro. 3 storage lockers and shared coin operated laundry in basement. Large backyard common area. 4 hydro meters, tankless owned water heater, 6 parking spots. Building has been updated throughout. Excellent, long term AAA Tenants. Don't miss out on this rarely offered investment.
Incredible turn key investment opportunity with strong CAP rate in convenient North York Downsview neighborhood, just a short distance from Humber River Hospital, public transit, 401access and Sheridan Mall. Legal 4 Plex with city approval. Top two apartments offer generous bedroom $1815+hydro and 3 bedroom + den $1825+hydro (both long term tenants under market rent)both with private 17.5 ft wide balconies. 2- 1 bedroom units $1900+hydro and $1450 including hydro. 3 storage lockers and shared coin operated laundry in basement. Large backyard common area. 4 hydro meters, tankless owned water heater, 6 parking spots. Building has been updated throughout. Excellent, long term AAA Tenants. Don't miss out on this rarely offered investment.
Exclusions
Tenant belongings
Details
Property Features
Arts Centre, Hospital, Library, Park, Public Transit, Rec./Commun.Centre
Bathroom 1
4-Piece Second Level
Bathroom 2
3-Piece Main Level
Bathroom 3
4-Piece Basement Level
Bathroom 4
3-Piece Basement Level
Basement
Apartment, Full, Finished
Interior Features
Carpet Free, On Demand Water Heater, Separate Hydro Meter, Storage Area Lockers, Water Heater Owned