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Marvelous opportunity! Incredible location. Easy passive income with a 4.37% cap rate. Great spaces with natural light. A+ tenants. Multi-unit property with significant upgrade features, including 1x2 bedroom unit, 2x1 bedroom units on the second and third floor, and a bachelor in the basement. The secure common entrance features laundry and bike storage. The first level unit has a renovated kitchen, plenty of counter space with clever hotplates, and access to a sun-drenched south-facing backyard. One bedroom is on the main floor, and a second is in the basement, with a large bathroom and plenty of storage. The second floor has a large one-bedroom and loads of light. The third floor has a loft-like one-bedroom unit with a walkout to a small balcony and a fantastic unobstructed view. The high basement also features a sun-filled bachelor with a brand new walk-out and separate entrance with new foundations and a sump pump. The Solid double-car garage has laneway housing potential. Conveniently located right just steps from the subway and public transit.
Amazing A+ tenants. Great rental income. Currently 4.2% cap rate. See attached financials.
City: Toronto
Neighborhood: Danforth
Purchase Price | $1725000 |
Down Payment | $345000 |
Mortgage Insurance | $0 |
Total Mortgage | $1380000 |
Mortgage Payment | $8504 |
Property Taxes | $562 |
Maintenance Fees | $0 |
Monthly Payment | $9066 |
Sold Comparables homes near 45 Strathmore Blvd, Toronto
Located at 45 Strathmore Blvd , this Toronto house is available for sale. This property was listed for $1,725,000 on Tue Nov 19 2024. This house's size is 20.17 x 125.00 Feet. It has 4 bedrooms and 5 bathrooms. The property includes the following rooms: . This property comes with 2 parking spots. 45 Strathmore Blvd, Toronto is situated in the Danforth neighbourhood.
MLS#: E10430683 · $1,725,000 · 4 bedroom house in Danforth, Toronto