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.
Address
35 Third Street
List Price
$1,799,900
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Area
Toronto W06
Sub-Area
New Toronto
County
Toronto
Bedrooms
8 + 2
Bathrooms
6
Floor Area
3000 - 3500 Sq. Ft.
Lot Depth
123.26
Lot Size Units
Feet
Lot Width
40.06
MLS® Number
W12104955
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Basement Area
Apartment
Postal Code
M8V 2X7
Parking
Private
Parking Places (Total)
5
Tax Amount
$8,598.00
Tax Year
2024
Accessibility Features
None
Interior Features
None
Heat Source
Gas
Heat Type
Water
Cooling Features
None
Construction Materials
Brick
Direction Faces
East
Foundation Details
Unknown
Garage Type
None
Kitchens Total
6
Pool Features
None
Roof
Unknown
Sewer
Sewer