345 The East Mall, Toronto | Image 1

345 The East Mall

Toronto, Islington-City Centre West

  • Commercial

$1
For Sale

Added 14 hours ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-Over 20 Units

  • Zoning: Residential-Mult

  • Age: No Data

  • Taxes: 42418.36

  • MLS®#: W11946597

  • Added: Jan 30, 2025 (14 hours ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RIGHT AT HOME REALTY

Discover a rare investment opportunity at 345 The East Mall, Etobicoke. This low-maintenance, fully rented townhouse complex features 34 units, all with 3 bedrooms, full basements (some are finished), and individual meters. Spanning 2 acres of prime land adjacent to Highway 427, this property offers easy access to major highways, transit, and key amenities like Sherway Gardens and Pearson Airport. With zero vacancies and a significant 78% upside in rental income, this property is perfect for investors seeking stable returns and exceptional growth potential in a high-demand area.

Extras

34 units, 3-bedroom with basements, 56 parking spots, 2 acres, and individually metered utilities. Surrounded by high-rises and prime amenities. Low maintenance with a history of 100% occupancy and substantial rental growth opportunity.

Property

  • Status: Sale

  • Type: Apts-Over 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Toronto

  • Community: Islington-City Centre West

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Boulevard

  • Covered Parking Spaces: 56

  • Trailer Parking Spots: 56

Fees

  • Tax Year: 2024

  • Taxes: $42,418

  • Taxes Type: Annual

Land

  • Cross Street: 427/Burnhamthorpe rd

  • Municipality District: Toronto W08

  • Parcel Number: 075530031

  • Lot Depth: 155 Acres

  • Lot Frontage: 522 Acres

  • Zoning: Residential-Mult

Additional Media

  • Virtual Tour: https://unbranded.mediatours.ca/property/345-the-east-mall-etobicoke/

Commercial Specific

  • Total Area: 1.95

  • Total Area Metric: Acres

  • Lot Code: Unit

Map of 345 The East Mall, Toronto
JK-5

West Glen Junior School

Elementary: Public
1.18 km
JK-8

St Elizabeth Catholic School

Elementary: Catholic
0.58 km
JK-5

Eatonville Junior School

Elementary: Public
0.84 km
6-8

Bloorlea Middle School

Elementary: Public
0.32 km
6-8

Bloordale Middle School

Elementary: Public
1.23 km
JK-5

Wedgewood Junior School

Elementary: Public
1.01 km
Pre-Grade 9-12

Etobicoke Year Round Alternative Centre

Secondary: Public
0.85 km
9-12

Burnhamthorpe Collegiate Institute

Secondary: Public
1.04 km
9-12

Silverthorn Collegiate Institute

Secondary: Public
1.93 km
9-12

Etobicoke Collegiate Institute

Secondary: Public
2.98 km
9-12

Martingrove Collegiate Institute

Secondary: Public
3.70 km
9-12

Michael Power/St Joseph High School

Secondary: Catholic
3.02 km
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