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$ 2,125,000
$ 1,998,000 6.4%
Est. payment /mo
Sold on 03/29/2025
25 Windermere AVE Toronto W01, ON M6S 3J3
14 Beds
9 Baths
UPDATED:
Key Details
Sold Price $2,125,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Subdivision High Park-Swansea
MLS Listing ID W12032561
Sold Date 03/29/25
Style 2-Storey
Bedrooms 14
Annual Tax Amount $17,530
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Discover a lucrative investment opportunity with this 9-unit multi-residential building, ideally situated in the heart of Swansea. This property features five spacious two-bedroom units and four cozy one-bedroom units, providing a diverse range of rental options to attract a variety of tenants.**Key Features** Prime Location:Nestled in a highly sought-after neighborhood, this building benefits from proximity to local amenities, schools, parks, and public transportation, making it an attractive choice for renters. Unit Mix: The property boasts a well-balanced mix of five two-bedroom units and four one-bedroom units, catering to families, professionals, and individuals alike. Parking: Enjoy the convenience of over five dedicated parking spaces located behind the building, a rare find in this bustling area. Strong Rental Demand: Desirable location ensures consistent demand for rental properties, providing an excellent opportunity for steady cash flow.Take advantage of this exceptional opportunity to invest in a multi-residential building in a thriving community. The estate makes no representations or warranties and the building is being sold in "as is, where is" condition. 6 out of 9 units currently rented (on a month-to-month basis), gross rental income is $6,225/month with a potential for a total of $12,500/month + (The projected rental income presented is based on current rental rates in the immediate area. However, the seller and the listing brokerage make no representations or warranties regarding these figures. It is the responsibility of their buyer and their representative to conduct thorough due diligence to verify the rental potential at these amounts ) and the building currently carries no debts. Operating expenses include property manager, bi-weekly cleaning, common area expenses, lawn care or snow removal and taxes.
Location
Province ON
County Toronto
Community High Park-Swansea
Area Toronto
Zoning R(d0.6*733), R(d1*547)
Rooms
Family Room No
Basement Finished, Walk-Up
Kitchen 9
Separate Den/Office 5
Interior
Interior Features None
Cooling None
Exterior
Parking Features Private
Pool None
Roof Type Flat
Lot Frontage 60.46
Lot Depth 100.0
Total Parking Spaces 5
Building
Foundation Concrete Block
Others
Senior Community No
ParcelsYN No
Listed by CENTURY 21 FIRST CANADIAN CORP