$1,799,900.00

35 THIRD STREET, Toronto (New Toronto), Ontario, M8V2X7, Canada Listing ID: W12104972
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Bathrooms Bedrooms Property Type
6 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 and two 1 bedroom units. All units are spacious and well-laid out, with good natural light. Quiet residential street near parks, trails, schools, and transit. Total area 4,747 sq ft 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 cash flow. Low vacancy area with consistent demand. Excellent location close to the lade, 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 SERVICES 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 (W12104972)
Additional Information
Amenity Near By
Features
Maintenance Fee
Maintenance Fee Payment Unit
Management Company
Ownership
Parking
Transaction For sale
Building
Bathroom Total 6
Appliances Dryer, Stove, Washer, Refrigerator
Fireplace Present
Heating Fuel Natural gas
Heating Type Hot water radiator heat
Size Interior 4746 sqft
Type Multi-Family
Utility Water Municipal water
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