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231 Melrose Street
Mimico
Toronto
M8Y 1B8
$3,999,900
Freehold
beds: 9+6
baths: 9.0
- Status:
- Active
- Prop. Type:
- Freehold
- MLS® Num:
- W8267086
- Bedrooms:
- 9+6
- Bathrooms:
- 9
- Photos (35)
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Don't Miss Out On The Incredible Opportunity To Own This Purpose-Built, Legal Multiplex, In A Prime Area Of South Etobicoke, Surrounded By Multi-Million Dollar Homes. The Solid Brick 9-Plex Consists Of 6 2-Bedroom, 2 1-Bedroom Units & A Studio Apartment, 15 Bedrooms In Total! Potential Gross Income Is Approximately $268,800.00, Which Makes This An Amazing Investment Opportunity. This Building Is Always Fully Rented And Offers A Fabulous Upside Potential 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.
- Property Type:
- Freehold
- Freehold Type:
- Multiplex
- Home Style:
- 2-Storey
- Total Approx Floor Area:
- 5000+
- Depth:
- 125'38.1 m
- Frontage:
- 50'15.24 m
- Exposure:
- South
- Bedrooms:
- 9+6
- Bathrooms:
- 9.0
- Water supply:
- Municipal
- Kitchens:
- 9
- Rooms:
- 39
- Heating type:
- Radiant
- Heating Fuel:
- Gas
- Basement:
- Finished
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0
- Parking Spaces:
- 0
- Total Parking Spaces:
- 9
- Driveway:
- Private
- Family Room:
- N
- Possession Details:
- Immediate
- Taxes:
- $15,801.15 / 2023
- Assessment:
- $- / -
- Floor
- Ensuite
- Pieces
- Other
- Lower
- -
- 4
- X3
- Upper
- -
- 4
- X3
- Upper
- -
- 4
- X3
- Hospital, Public Transit, School
- Mimico
- 9 Parking Spots, 2 Balconies, 9 Individual Meters, Tenants Pay Their Own Hydro, Except Unit 1A.
- Brick
- No
- None
- Special Designation:
- Unknown
- Sewer:
- Sewers
- Air Conditioning:
- Window Unit
- Seller Property Info Statement:
- No
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Listed by RIGHT AT HOME REALTY
Data was last updated May 4, 2024 at 03:55 PM (UTC)
- KIM KEHOE
- BOSLEY REAL ESTATE
- 1 (416) 7881823
- Contact by Email
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.
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