Price $1,399,999
Status Active
Beds 7
Baths 8 Baths
Home size 3,000 sqft
Lot Size 3,050 sqft
Days on Market 2
Prime Investment Opportunity! Fully renovated 5-unit building. This rare offering presents a completely remodelled five-unit property, ideally positioned for investors seeking strong cash flow and long-term value. This property is a lucrative addition to any portfolio with a $153,000 gross rental income and an approximate 5% cap rate. The building features five units, including three spacious 2-bed, 2-bath units (above ground), one 1-bed, 1-bath walkout unit and one bachelor apartment on the lower level. Each unit has been extensively renovated with modern, high-end finishes, including five brand new kitchens, eight updated bathrooms featuring sleek glass showers, New walls, insulation, and energy-efficient pot lights, updated electrical and plumbing systems, a new roof, and underpinning providing an 8-foot ceiling in the basement for added appeal. Additional features include four separate hot water tanks, four furnaces, and four AC units. Located just steps from the bustling St. Clair Ave, this property is surrounded by an array of trendy restaurants, boutique shops, and coffee spots. With its turnkey condition, strong rental income potential, and prime location, this property offers an exceptional opportunity for a hands-off investor or owner-operator.
Property Type(s): Single Family
Last Updated 4/26/2025 Tract Corso Italia-Davenport
Year Built 0 Community Corso Italia-Davenport
County Toronto

Additional Details

AIR Central Air
AIR CONDITIONING Yes
BASEMENT Walk-Out Access, Yes
CONSTRUCTION Brick
HEAT Forced Air, Natural Gas
LOT 3049 sq ft
LOT DIMENSIONS 25.0x120.0
POOL DESCRIPTION None
STORIES 3
STYLE 3 Levels
SUBDIVISION Corso Italia-Davenport
TAXES 4442

Location

 

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