8 Beds 6 Bath

35 Third Street, Toronto, ON M8V 2X7

Toronto W06 M8V 2X7 Ontario

MLS: W12104955

$1,799,900

Added 7 hours ago | For Sale

Listed by: HARVEY KALLES REAL ESTATE LTD.

About Property

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.

Features

  • House Style:Multiplex
  • Bathrooms:6
  • Land Size: 40.06 X 123.26
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Lakeshore Blvd West & Islington Ave
  • Basement:Apartment , Apartment
  • Possession Date:TBA
  • Annual Property taxes: $8598
  • Bedrooms:8 +2
  • Total Parking Spaces:5
  • Parking Places:5
  • Heating Type:Water
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:W12104955

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