$3,999,900
Status: For Sale
Don't Miss Out On The Incredible Opportunity To Own This Purpose-Built, Legal Multiplex, In A Prime Area Of South Etobicoke, Surrounded By Multi-Million Dollar Homes. The Solid Brick 9-Plex Consists Of 6 2-Bedroom, 2 1-Bedroom Units & A Studio Apartment, 15 Bedrooms In Total! Potential Gross Income Is Approximately $268,800.00, Which Makes This An Amazing Investment Opportunity. This Building Is Always Fully Rented And Offers A Fabulous Upside Potential On Tenant Turnover That Would Account For About 5.7% Of Return On The Investment Plus A Building Ownership! The Units Are Updated And Bright, Very Clean & Easy To Rent. Very Well Managed Building With Great Tenants, In A Perfect Location, Near GO Station, Amenities, The Lake And The Gardiner ExpressWay.
| Price | :$3,999,900 |
| Property Taxes | :$15801.15 |
| Tax Year | :2023 |
| Bedrooms | :9 + 6 |
| No. of Rooms | :39 |
| Air Conditioning | :Window Unit |
| Heating | :Radiant |
| Place of Worship | :No |
| Cross Street | :South Kingsway & South Of Qew |
| Bathrooms | :9 |
| Fuel | :Gas |
| Elevator | :No |
| Approx Square Footage | :5000+ sqft |
| Fireplace/Stove | :No |
| Exterior Finish | :Brick |
| Internet | :Yes |
| Parking Space | :0 |
| Basement | :Finished |
| Garage | :None |
| Public Transit | :Yes |
| School | :No |
24 Apr, 2024
TREB #W8267086
Listed
$3999900.0
231 Melrose St brings to you its latest residential development at a prime location in Toronto, Ontario.
RIGHT AT HOME REALTY presents 231 Melrose St to the aspiring future-residents. The Property is for Sale and Available, it offers high capital appreciation and available at a price of 3,999,900. 231 Melrose St is the most luxurious Resedential nestled in Mimico, Toronto, Ontario Canada. 231 Melrose St development is a master-planned residential community located in Canada. These mesmerizing and breath-taking Multiplex are the ideal fit for those who aspire to live an opulent life in the most sought-after locality. the area is intended to create a safe and welcoming pedestrian experience. The residences of 231 Melrose St embody modern sophistication combined with the charm of the classic.
The residents at 231 Melrose St can enjoy exclusive access to an array of top-notch area size 5000+ sqft. Wait there’s more! 231 Melrose St also offers impressive exterior and interior features and finishes to offer you a lavishing lifestyle. It also covers 9+6 beds, 9 baths.
Square Yards is offering Cashback amount of $20,000 on Booking the inventory, the project is live since 8 Days, there is No change in Price . Toronto Real Estate offers mls multiple listing service from the real estate board of Toronto. Square Yards offers quality services provided by trusted real estate agent and professionals who support in buying home or renting a property.
