Added 4 months ago
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Type: Investment
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Property Type: Commercial
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Zoning: MULTI RESIDENTIA
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Age: No Data
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Taxes: 13106
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MLS®#: W7326200
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Days on Site: 140 Days
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Added: Nov 27, 2023 (4 months ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: HARVEY KALLES REAL ESTATE LTD.
Renovated 10 units! Assumable Mortgage (on approval) at 3.65% for 10 years! (Due May 2033) $2,690,000 principal. Fully rented (8x1-bed,1x2-bed, 1-bach) 9 OF 10 UNITS ARE FULLY RENOVATED; new floors, new kitchens, new apps (stove, fridge, dishwasher, microwave) & new baths. Market rents! Gross Income $214,413 Net Income $164,635. New floors, new entry doors, new kitchens, new baths, new appliances (stove, fridge, dishwasher), Parking & driveway newly resurfaced. New furnace, new laundry room, new washer/dryer. Purpose Built. 2019 Phase 1 & 2 Available. Separate Hydro meters. Photos from a previously vacant unit. Please note: Property is fully tenanted. Size is approximate.
Extras
Financials On Attachments. Close To: Transit, Shops & Restaurants, Lakeshore, Gardiner, Colonel Samuel Smith Park, Humber College. Drone Video & Roof Photo Avail. Free Property Management for one year, ask LA for details
Property
Status: Sale
Property Type: Investment
Property Type: Retail
Net Income: 164634
Area: Toronto
Community: New Toronto
Availability Date: TBA
Inside
Air Conditioning: N
Utilities
Utilities: No
Building
Basement: N
Heat Type: Water Radiators
Elevator: None
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Covered Parking Spaces: 5
Fees
Tax Year: 2023
Tax Legal Description: PCL 44-1, SEC M362 ; LT 44, PL M362 ; ***SCHED B
Taxes: $13,106
Expenses: Est
Insurance Fee: 8500
Operating Fees: 43179
Hydro Expense: 2831
Heat Expenses: 7054
Taxes Type: Annual
Taxes: 13106
Tax Year: 2023
Water Fees: 6688
Land
Cross Street: Kipling And Lake Sho
Municipality District: Toronto W06
Sewer: San+Storm
Lot Depth: 103 Feet
Lot Frontage: 50 Feet
Zoning: MULTI RESIDENTIA
Commercial Specific
Sprinklers: Part
Total Area: 5000
Total Area Metric: Sq Ft
Tangible Property Included: N
Lot Code: Lot
Financial Statement: Y
Gross Income/Sales: 214413
The Holy Trinity Catholic School
Elementary: CatholicTwentieth Street Junior School
Elementary: PublicSeventh Street Junior School
Elementary: PublicSt Teresa Catholic School
Elementary: CatholicSecond Street Junior Middle School
Elementary: PublicJames S Bell Junior Middle School
Elementary: PublicEtobicoke Year Round Alternative Centre
Secondary: PublicLakeshore Collegiate Institute
Secondary: PublicEtobicoke School of the Arts
Secondary: PublicEtobicoke Collegiate Institute
Secondary: PublicFather John Redmond Catholic Secondary School
Secondary: CatholicBishop Allen Academy Catholic Secondary School
Secondary: Catholic
