1408 Kingston Road Toronto, Ontario M1N 1R3
$1,600,000
6.6% Cap Rate! 6 Unit Multiplex For Sale. Plus One Non-Conforming Unit In Bsmt. 6 x 2 Bed Units. 1 x 1 Bed Unit. 3 Renovated Units (2023) Currently Owner Occupied Suite Could Be Split Into 2 units. 2nd Floor Large 2 Bed Unit Has 2 Entrances And Has Potential To Split As Well. Value-Add Opportunity For The Right Operator. All Units Have Separate Hydro Meters. 3 Gas Meters. Some Long Term Tenants But Vacant Possession Be Discussed. 2 Parking Spots On Property, One Rented From Neighbour. Flat Roof Replaced 2024. Great Investment Property For An Experienced Investor Or First Timer. Current Gross Income $130,000. Insurance $5,980, Hydro $5,400, Gas $5,400, Water $6,600. Easy Access To Subway, Beaches, Shops On Kingston Rd, TTC Bus Stop At Door Step, Birchmount Park & Community Centre. Some Virtually Staged Photos. (id:60365)
Property Details
| MLS® Number | E12253723 |
| Property Type | Multi-family |
| Community Name | Birchcliffe-Cliffside |
| ParkingSpaceTotal | 3 |
Building
| BathroomTotal | 9 |
| BedroomsAboveGround | 13 |
| BedroomsTotal | 13 |
| Appliances | Stove, Refrigerator |
| BasementFeatures | Separate Entrance |
| BasementType | N/a |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FoundationType | Concrete |
| HalfBathTotal | 1 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 5000 - 100000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 110 Ft ,3 In |
| SizeFrontage | 55 Ft |
| SizeIrregular | 55 X 110.3 Ft |
| SizeTotalText | 55 X 110.3 Ft |
Frank Leo
Broker
T. K. Butler
Broker
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June 30 2025 08:39:50
Toronto Real Estate Board
RE/MAX West Realty Inc.
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