$1,799,900.00

35 THIRD STREET, Toronto (New Toronto), Ontario, M8V2X7, Canada Listing ID: W12104955
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Bathrooms Bedrooms Property Type
6 10 Multi-family

Purpose-built sixplex in prime South Etobicoke, steps to Lake Ontario and Prince of Wales Park. Solid brick construction with four 2-bedroom units. All units are spacious and well-laid out, with good natural light. Quiet residential street near parks, trails, schools, and transit. Total sq ft 4,746 as per floor plans. Recent capital improvements include: full electrical rewiring (2022), fire safety upgrades (2022) new PVC sewer line (2020), and roof replacement (2012). Units are separately metered (hydro). Coin-operated laundry on-site adds additional income. Private drive with Five surface parking spots at rear. Reliable tenant profile with significant upside on turnover-rents are currently below market. Strong long-term hold with stable income and potential to improve cashflow. Low vacancy area with consistent rental demand. Excellent location close to the lake, shops, transit, and major highways. Ideal for investors seeking a turn-key multi-unit asset in a desirable west-end neighbourhood. PROPERTY IS FULLY TENANTED, ALL TENANTS TO BE ASSUMED. DO NOT ASK FOR VACANT POSSESSION. Please do not disturb tenants or walk the property without an appointment. One year Property Management Included, ask LA for details. FREE PROPERTY MANAGEMENT FOR ONE YEAR. (id:31565)

Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 22 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.
Book appointment/showing: 35 THIRD STREET (W12104955)
Additional Information
Amenity Near By
Features
Maintenance Fee
Maintenance Fee Payment Unit
Management Company
Ownership
Parking
  • Name - No Garage
Transaction For sale
Building
Bathroom Total 6
Bedrooms Total 10
Bedrooms Above Ground 8
Bedrooms Below Ground 2
Appliances Dryer, Stove, Washer, Refrigerator
Basement Features Apartment in basement
Basement Type N/A
Exterior Finish Brick
Fireplace Present
Foundation Type Unknown
Heating Fuel Natural gas
Heating Type Hot water radiator heat
Size Interior 3000 - 3500 sqft
Stories Total 2
Type Other
Utility Water Municipal water
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