$2,950,000
PRICE
16
BEDROOMS
11
BATHROOMS
W12363535
MLSID
2428 Keele Street, Toronto
Attention Investors! Well kept 3 story Stucco and brick 11plex Apartment Building with Healthy Cash Flows. Unit Rentals, parking, and laundry total Income $182,551.08; taxes, water, waste, heating, insurance, hydro total $49,779; see attached financials for details. 7 2bdrm apartments, 1 1bdrm apartment, 1 Jr-1bdrm apartment, and 2 bachelor apartments. Excellent growth potential! One brand new unit and only one other unit renovated. 2 dble garages plus 7 private parking spaces. Gross floor area 9530 sq ft total. Terrazzo floors in common areas. Coin laundry income in building. Duro-Last roof 2012, windows 2009, plaster 2009. Recent Phase II Environmental Report and Remediation Completed. Survey available. As to not disturb Tenants, Please submit conditional offer to inspect the property. Tenants pay their own hydro.
Summary
Address
2428 Keele Street
City
Community
Street
MLSID
W12363535
Property Type
Multiplex
Property Category
Bedrooms
16
Bathrooms
11
Kitchens
11
Zoning
RM(f21;a925;d0.85)
Taxes (Annual)
$17,251.00
Tax Year
2025
Published
August 25, 2025
Days on Market
3 Days
Possession Type
Immediate
Possession Details
60Days/Tbd
Inclusions
11 fridges, 11 stoves, HWT, separate hydro meters for each unit (except new bachelor apartment on building panel), breakers in each unit (tenants pay own hydro)
Details
Property Features
Hospital, School, Library, Park, Public Transit
Parking Spaces
7
Parking Total
11
Architectural Style
3-Storey
Roof
Membrane
Construction Materials
Stucco (Plaster)
Lot Size
9,202
Lot Width
68 Feet
Lot Depth
139 Feet
Water
Municipal
Heat Source
Other
Heat Type
Water
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
Similar Listings
Listing Contracted with J.D.M. REALTY LTD