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231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto
  • 231 MELROSE STREET Toronto

231 MELROSE STREET, Toronto , Ontario

$3,199,900

  • 15 Beds
  • 9 Baths

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 And 3 1-Bedroom Units With 2 Balconies. These 15 Bedrooms In Total Produce About $172k Of Gross Annual Rental Income With A Potential To Further Improve Easily. This Building Is Always Fully Rented Due To Great Management And Care By The Owner, And Offers A Fabulous Up-Side On Tenant Turnover. This Could Account Upward Of 5.7% Of The Return On The Investment Plus A Building Ownership That Grows Equity! 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. (id:56762)

  • Listing ID: W9297693
  • Property Type: Multi-family
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Rooms

LevelTypeDimensions
Living room Ground level 5 m x 2.7 m

Details

  • Amenities Nearby: Hospital, Public Transit, Schools
  • Parking Spaces: 9
  • Transaction: For sale

Building

  • Amenities: Separate Electricity Meters, Separate Heating Controls
  • Appliances: Intercom, Dryer, Refrigerator, Stove, Washer
  • BasementType: N/A (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 9
  • Bedrooms Lower Level: 6
  • Cooling: Window air conditioner
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Fire Protection: Controlled entry, Security system, Smoke Detectors
  • Foundation: Concrete
  • Bathrooms (Total): 9
  • Heating: Radiant heat
  • Heating Fuel: Natural gas
  • Size Interior: 4999.958 - 99999.6672 sqft
  • Stories Total: 2
  • Type: Other
  • Utility Water: Municipal water

Land

  • Amenities: Hospital, Public Transit, Schools
  • Sewer: Sanitary sewer
  • Size Frontage: 50 ft
  • Size Irregular: 50 x 125 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 231 MELROSE STREET in Toronto Ontario. It was last modified on September 4th, 2024. Contact Sandra Diab to schedule a viewing or to discover other Toronto real estate for sale.

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