A Wonderful Opportunity To Own This Purpose-Built Multiplex, In A Prime Area Of South Etobicoke, Surrounded By Multi-Million Dollar Homes. The Solid Brick 9-Plex Consists Of 6 2-Bedroom Units And 3 1-Bedroom Units With Balconies. These 15 Bedrooms In Total Have A Potential Of Producing Approximately $268, 800 In Gross Annual Earnings, Which Makes This An Amazing Investment Opportunity. This Building Is Always Fully Rented And Offers A Fabulous Up-Side On Tenant Turnover That Would Account For About 5.7% Of Return On The Investment Plus A Building Ownership! The Units Are Updated And Bright, Very Clean & Easy To Rent. Very Well Managed Building With Great Tenants, In A Perfect Location, Near GO Station, Amenities, The Lake And The Gardiner ExpressWay. EXTRAS 2 Balconies, 9 Surface Parking Spots, 9 Individual Hydro Meters, Tenants Pay Their Own Hydro Except Unit 1A. (id:55598)
- MLS® W8454102
- Date Listed06/18/2024
- Days on Realty 62 Days
- Bedrooms 15
- Bathrooms 9 baths
- Lot Size -
- Sewer Other
- Subdivision Mimico
- Property Type Other
- Water Public
Interior Features
- Appliances Intercom, Dryer, Refrigerator, Stove, Washer
- Flooring Hardwood
- Cooling Window Air Conditioner
- Heating Radiant Heat, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
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Frequently Asked Questions for 231 MELROSE STREET
Source: Realty.com
231 MELROSE STREET, Toronto, ON M8Y1B8 is a Other, Residential Income property listed for $3,495,000 The property is 0 sq. ft with 15 bedrooms and 9 bathrooms
Realty.com has 35 photos of 231 MELROSE STREET.
The full address for this home is 231 MELROSE STREET, Toronto, ON M8Y1B8.
231 MELROSE STREET has been listed on Realty.com since Tue June 18, 2024
The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 67/100, Bike Score: 65/100.
Listing provided courtesy of:
RIGHT AT HOME REALTY
(tel: (905) 565-9200)
Listing agent:
SIMONA STARONOVA
(tel: (905) 565-9200)
This content last refreshed on 2024-08-19 14:56:27. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 231 MELROSE STREET, Toronto, ON M8Y1B8 : MLS® W8454102