1408 Kingston RD Active

Toronto E06,ON M1N 1R3

$ 2000000

- Bed

- Bath

5900 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 5,900 sqft

Price per Sqft $338

Subdivision Birchcliffe-Cliffside

MLS Listing ID E12034483

Annual Tax Amount $7,246

Tax Year 2024

Property Sub-Type Investment

Property Description

7 Unit Multiplex For Sale. 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 On Some Units Can Be Provided. 3 Parking Spots On Property. 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.

Location

Province ON

County Toronto

Community Birchcliffe-Cliffside

Area Toronto

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 55.0

Lot Depth 110.0

View More
Favorite Go Tour