Take advantage of CMHC multi-family financing to acquire this brand new legal five-plex with estimated gross rents of $156,600 per year and cashflow of approximately $1,248.00 per month. 5 self-contained units with private entrances separate utilities, onsite parking and in-unit laundry. Units make-up consists of 2x2 bed/2 bath, 2x1 bed/1 bath and 1x3 bed/2 bath. Situated a short distance from Downtown Toronto, property offers quick access to 401, Shopping, Costco, Go Transit and Future North Etobicoke Anchor Development. Home warranty included. Financials available upon request. Additional Properties Available for Portfolio Acquisition.
$120K HST Rental Rebate Not Included In Price. Current CMHC terms offer 40 year amortization, 4.2% rate and 85% LTV (As of Nov 6, 2023)
City: Toronto
Neighborhood: Elms-Old Rexdale
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Sep 25, 2023 | N/A | $1,840,000 | N/A | Sold | W7030570 |
| Sep 25, 2023 | 28 | $1,840,000 | N/A | Terminated | W7030492 |
| Sep 8, 2023 | N/A | $1,999,900 | N/A | Sold | W6799296 |
| Sep 7, 2023 | 16 | $1,999,900 | N/A | Terminated | W6799214 |
| Jul 22, 2023 | 47 | $1,999,900 | N/A | Terminated | W6687460 |
| Jun 15, 2023 | N/A | $1,999,900 | N/A | Sold | W6160664 |
| Jun 15, 2023 | 33 | $1,999,900 | N/A | Terminated | W6160468 |
| May 9, 2023 | 36 | $1,999,900 | N/A | Terminated | W5966652 |
| Mar 29, 2023 | 41 | $1,999,900 | N/A | Terminated | W5996747 |
| Feb 10, 2023 | 47 | $1,999,900 | N/A | Terminated | W5905715 |
| Dec 12, 2022 | 59 | $1,999,900 | N/A | Terminated | W5849512 |
| Nov 3, 2022 | 19 | $2,079,900 | N/A | Terminated | W5816198 |
| Aug 13, 2020 | 11 | $739,900 | $715,000 | Sold | W4869122 |
Located at 15 Burrard Rd , this Toronto house was listed for $2,725,000. This house's size is 44.50 x 114.00 Feet. It has 8 bedrooms and 7 bathrooms. The property includes the following rooms: . This property comes with 2 parking spots. 15 Burrard Rd, Toronto is situated in the Elms-Old Rexdale neighbourhood.
MLS#: W7245834 · $2,725,000 · 8 bedroom house in Elms-Old Rexdale, Toronto