Detached four-storey building completed in 2018 with quality finishes throughout. Property features self-contained apartment units on each level above grade, with each unit offering afunctional open-concept kitchen and living area, 2 bedrooms, 2 bathrooms, and in-suite laundry. Living rooms feature gas fireplaces, while kitchens are finished with quartz countertops and quality cabinetry. Primary bedrooms include a 4-piece ensuite bathroom. Separate services are provided for each unit, including individual furnaces and tankless hot water systems. The building is also equipped with a full sprinkler system and elevator access. The property offers a three-car garage with driveway access from Adelaide Street West, along with additional surface parking located in front of the garage. Generating over $160,000+ in annual rental income, this is an exceptional investment opportunity ideal for investors seeking strong cashflow and long-term income potential. A rare turnkey asset with modern construction, quality finishes, and excellent income performance. A finished one-bedroom basement apartment with 1bathroom provides additional income flexibility and further enhances the property's value. (id:13843)
| MLS # | C13158784 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 169 |
| Listing Provided By | HOMELIFE DISTRICT REALTY | PREM RAGUNATHAN |
| Bed(s) | 9 |
|---|---|
| Bath(s) | 9 Total |
| SQ Feet | 3,500 |
| Garage | 6 |
| Basement | Y |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | Yes |
| Security Features | Smoke Detectors |
|---|---|
| Foundation Details | Poured Concrete |
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 6 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 19900 |
|---|
| Province | ON |
|---|---|
| City | Toronto (Niagara) |
| Postal Code | M6J2L7 |
| Listing VS Median (in M6J2L7) | |
Price: $5,500,000 low | high Med: $2,751,700 sqft: 3,500 low | high Med: 2,100 $ / sqft: $1,571 low | high Med: $788 On site: 169 low | high Med: 100.5 | |
| Province | ON |
|---|---|
| City | Toronto (Niagara) |
| Postal Code | M6J2L7 |
| Listing VS Median (in M6J2L7) | |
Price: $5,500,000 low | high Med: $2,751,700 sqft: 3,500 low | high Med: 2,100 $ / sqft: $1,571 low | high Med: $788 On site: 169 low | high Med: 100.5 | |