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Pending
1408 Kingston RD Toronto E06, ON M1N 1R3
5,900 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
Square Footage 5,900 sqft
Price per Sqft $338
Subdivision Birchcliffe-Cliffside
MLS Listing ID E12034483
Annual Tax Amount $7,246
Tax Year 2024
Property Sub-Type Investment
Property Description
7 Unit Multiplex For Sale. 6 x 2 Bed Units. 1 x 1 Bed Unit. 3 Renovated Units (2023) Currently Owner Occupied Suite Could Be Split Into 2 units. 2nd Floor Large 2 Bed Unit Has 2 Entrances And Has Potential To Split As Well. Value-Add Opportunity For The Right Operator. All Units Have Separate Hydro Meters. 3 Gas Meters. Some Long Term Tenants But Vacant Possession On Some Units Can Be Provided. 3 Parking Spots On Property. Flat Roof Replaced 2024. Great Investment Property For An Experienced Investor Or First Timer. Current Gross Income $130,000. Insurance $5,980, Hydro $5,400, Gas $5,400, Water $6,600. Easy Access To Subway, Beaches, Shops On Kingston Rd, TTC Bus Stop At Door Step, Birchmount Park & Community Centre.
Location
State ON
County Toronto
Community Birchcliffe-Cliffside
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 55.0
Lot Depth 110.0
Listed by RE/MAX WEST REALTY INC.