46 Twenty Second Street W Toronto (New Toronto), Ontario M8V 3M1
$3,499,000
Discover this incredible investment opportunity: a stunning 10-plex with 80% of the units fully professionally renovated. Located within walking distance to Humber College, this property is situated in a highly desirable area with a strong demand for rental apartments.The 10-plex is ideally positioned in a quiet neighbourhood, offering tenants a peaceful living environment while still being close to the vibrant life of the college campus. The proximity to Lake Ontario provides easy access to scenic views and outdoor activities, enhancing the appeal for prospective tenants.Each renovated unit boasts modern finishes, ensuring a comfortable and stylish living space. With high-quality materials and craftsmanship, the renovations have significantly increased the property's value and attractiveness. The remaining units offer potential for future upgrades, allowing for further value addition.Adding to the investment's appeal is the on-site coin laundry facility, providing extra income for the landlord. This convenient amenity is highly appreciated by tenants, further boosting the property's rental potential.Investors will appreciate the steady rental income potential, driven by the constant demand from students and professionals seeking convenient housing near the college. The property's location in a quiet neighbourhood with easy access to public transportation, shopping centres, and recreational facilities makes it an even more attractive option for renters.Don't miss out on this exceptional investment opportunity. Secure your future with this prime 10-plex near Humber College, where high demand and quality renovations promise a profitable venture. **** EXTRAS **** 6 x 2 bedroom 4 x1 bedroom, parking for 8 cars, new roof (2022), new electrical panels (2021), new plumbing, and newer windows. (id:55499)
Property Details
| MLS® Number | W9032629 |
| Property Type | Multi-family |
| Community Name | New Toronto |
| Features | Dry |
| Parking Space Total | 8 |
Building
| Bathroom Total | 10 |
| Bedrooms Above Ground | 9 |
| Bedrooms Below Ground | 5 |
| Bedrooms Total | 14 |
| Amenities | Separate Electricity Meters |
| Appliances | Dryer, Refrigerator, Stove, Washer |
| Basement Development | Partially Finished |
| Basement Type | N/a (partially Finished) |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 119 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 119 Ft |
| Size Total Text | 50 X 119 Ft |
| Zoning Description | Rm(u3;d0.6*23) |
Utilities
| Cable | Available |
| Sewer | Installed |
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September 04 2024 02:59:21
Toronto Real Estate Board
Ipro Realty Ltd