If you have a Good Vision then this is a Golden opportunity for you to own this large LEGAL triplex on a big 50x120 feet lot with 100% occupancy. Current Cap rate is 4.1 % but has a Potential to increase to 5.1%. The property has 3 bedroom apartments on main and upper levels with balconies and a 2 bedroom basement apartment. Located in the sought after "Sherway Gardens" community with easy access to parks, schools, Trillium Hospital, Humber College, Plazas, Grocery store, Banks, Highways & TTC. 15 mins from Toronto Downtown. This incredible, very well maintained property comes with lots of upgrades AC 2020, Furnace 2020, Windows 2012 & Floors 2019. Upgraded kitchens with quartz countertops, upgraded washrooms with glass standing showers. Don't miss this Opportunity!! |
Extras: The ground floor and Main floor tenants are month to month and for the upper floor tenant lease is expiring on March 31st, 2025. |
Price | $1,859,000 |
Taxes: | $5600.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 246 Delta St , Toronto, M8W 4E9, Ontario |
Postal Code: | M8W 4E9 |
Province/State: | Ontario |
Lot Size: | 50.15 x 120.16 (Feet) |
Directions/Cross Streets: | Evans Ave / Delta St |
Category: | Accommodation |
Building Percentage: | Y |
Total Area: | 3300.00 |
Total Area Code: | Sq Ft |
Area Influences: | Major Highway Public Transit |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | Y |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
IPRO REALTY LTD. |
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Type: | Com - Investment |
Area: | Toronto |
Municipality: | Toronto |
Neighbourhood: | Alderwood |
Lot Size: | 50.15 x 120.16(Feet) |
Tax: | $5,600 |