Purpose-built sixplex in prime South Etobicoke, steps to Lake Ontario and Prince of Wales Park. Solid brick construction with four 2-bedroom units and two 1 bedroom units. All units are spacious and well-laid out, with good natural light. Quiet residential street near parks, trails, schools, and transit. Total area 4,747 sq ft 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 cash flow. Low vacancy area with consistent demand. Excellent location close to the lade, 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 SERVICES FOR ONE YEAR.
Address
35 Third Street
List Price
$1,799,900
Property Type
Commercial
Type of Dwelling
Investment
Area
Toronto W06
Sub-Area
New Toronto
County
Toronto
Bathrooms
6
Lot Depth
123.26
Lot Type
Lot
Lot Size Units
Feet
Lot Width
40.06
MLS® Number
W12104972
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Postal Code
M8V 2X7
Tax Amount
$8,598.00
Tax Year
2024
Heat Type
Gas Hot Water
Cooling Features
No
Garage Type
None