46 Montye Ave, Toronto MLS Number: W9360454
Runnymede-Bloor West Village, Toronto, ON, M6S 2G9$6,395,000
Status: OFF MARKET
- Property Type: Commercial (Investment)
- Property Taxes : $17890.54 (Tax Year:2024)
- Listing Courtesy : Cushman & Wakefield
Maximum 4 project can be compared at one go.
$6,395,000
Status: OFF MARKET
46 Montye Avenue is a 13-unit, turnkey investment opportunity with attractive assumable CMHC financing. 9 of the 13 units have been fully renovated with condo quality finishes. The property NOI is approximately $258,000, and the 1st position assumable CMHC loan is $4,250,123 at 4.10% interest with a 50 year amortization, maturing in December, 2034. This opportunity offers predictable and steady cash flows, with further additional rental upside yet to be achieved through the 4 units that haven't been turned over. The building is immaculately maintained with little to no near term capital expenditure to worry about.
| Property Type | :Commercial |
|---|---|
| MLS Number | :W9360454 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :20 Sep, 2024 (440 Days ago) |
| Source | :TRREB |
| Area | :Toronto |
|---|---|
| Postal Code | :
M6S 2G9
|
| Price | : $6,395,000 |
|---|---|
| Property Taxes | :$17890.54 |
| Tax Year | :2024 |
|---|
| Cross Street | :Jane & Annette |
|---|
20 Sep, 2024
TREB #W9360454
Available
$6395000.0