Type: Multiplex
Style: 2-Storey
Size: Sq Ft
Age: Years
Taxes: $ 7,246 ( 2024)
Updated: 2025-07-08 14:02:37
6.6% Cap Rate! 6 Unit Multiplex For Sale. Plus One Non-Conforming Unit In Bsmt. 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 Be Discussed. 2 Parking Spots On Property, One Rented From Neighbour. 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. Some Virtually Staged Photos.
Multiplex
Status: For Sale
MLS #: E12253723
Price: $ 1,600,000
Address: 1408 Kingston Road
Type:
Style: 2-Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 7,246
Tax Year: 2024
Lot Size:
Neighbourhood: Birchcliffe-Cliffside
Nearest Intersection: Warden & Kingston Rd
City: Toronto
Postal Code: M1N 1R3
DOM: 312 Days
Last Update: 2025-07-08 14:02:37
Bedrooms: 13
Bathrooms: 9
Rooms: 0
Kitchens: 7
Family Room:
Fireplace:
Basement: Separate Entrance,
Central Vacuum:
Exterior: Brick,
Driveway:
Garage: Private Right Of Way
Garage Spaces:
Parking Spaces: 3.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Central Air
Water:
Sewers: