555 Birchmount Road, Toronto E04, ON M1K 1P8, Toronto E04, ON
Bed 11
Bath 5
4.6% CAP RATE! $2.27M ASSUMABLE MORTGAGE AT 2.19%! "$4400 PER MONTH CASH FLOW AFTER MORTGAGE AND EXPENSES!" Welcome To 555 Birchmount Rd, A Boutique 6-Plex Multi-Residential Building With Fully Renovated And Fully Tenanted Units At Market Rent In Desirable Clairlea-Birchmount! Incredible Investment Opportunity With An Assumable Mortgage At 2.19% Until December 2026! Gross Income: $167,967.56. Each Unit Has Been Meticulously Restored With All New Fixtures And Stainless Steel Appliances, Quartz Countertops, Refinished Hardwood Floors, And Air Conditioning. Five 2 Bedroom Units, And One 1 Bedroom Unit, All With Contemporary Finishes And Generous Floor Plans, In Addition To 7 Parking Spaces. Many Updates Including a Multi-Camera Security System, New NTI Commercial Tankless Hot Water System, New A.O. Smith Commercial Hot Water Tank, New Commercial Maytag Coin Operated Laundry Machines, Many New Windows, New Doors, Mini-Split Air Conditioners, Stucco Exterior, And More! Don't Miss This Opportunity To Own A Well Maintained, Well Capitalized, And Easy To Manage Investment Property. Gross Income: $167,967.56. Hydro/Gas/Water/Tax/Insurance: $25,640.81.
Property Highlights
For Sale
MLS NO.
E9068059
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
11
Bathrooms
5
Parking
7.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
E9068059
Total Bedrooms
11
Bedrooms Above Grade
9
Bedrooms Below Grade
2
Total Bathrooms
5
Total Kitchens
6
Kitchens Above Grade
6
Rooms Above Grade
30
Interior Features
Other
Fireplace
No
Construction
Brick, Stucco (Plaster)
Roof
Other
Lot Width
74.27
Parking Features
Available, Boulevard
Parking Total
7.0
Covered Spaces
0.0
Garage Type
None
Pool
None
Direction Facing
East
Cooling
Wall Unit(s)
Heat Source
Gas
Heat Type
Radiant
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
555 Birchmount Road, Toronto E04, ON M1K 1P8
City
Toronto E04
Neighbourhood
Clairlea-Birchmount
County / Region
Toronto
Province / State
ON
Postal Code
M1K 1P8
Cross Street
Birchmount Rd & St Clair Ave
List Price
$3,099,000
Annual Taxes
$9,547
Tax Year
2023
Legal Description
PT LT 30 CON B SCARBOROUGH AS IN T9243336; TORONTO
Possession Details
TBD
Listing Office
BOSLEY REAL ESTATE LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2024-07-26T14:52:10Z
Media Updated
2024-07-26T18:25:48Z
Photos Updated
2024-07-26T16:31:24Z
Last Modified
2024-09-13T19:41:55Z
System Modified
2025-10-11T16:47:23.505125Z
MLS Status
Terminated
Architectural Style
2 1/2 Storey
Basement
Apartment, Finished
Ddfyn
Yes
Expiration Date
2024-12-31
Foundation Details
Concrete
Heat Source Multi
Gas
Heat Type Multi
Radiant
Hstapplication
Included
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
064400156
Parking Spaces
7
Public Remarks
4.6% CAP RATE! $2.27M ASSUMABLE MORTGAGE AT 2.19%! "$4400 PER MONTH CASH FLOW AFTER MORTGAGE AND EXPENSES!" Welcome To 555 Birchmount Rd, A Boutique 6-Plex Multi-Residential Building With Fully Renovated And Fully Tenanted Units At Market Rent In Desirable Clairlea-Birchmount! Incredible Investment Opportunity With An Assumable Mortgage At 2.19% Until December 2026! Gross Income: $167,967.56. Each Unit Has Been Meticulously Restored With All New Fixtures And Stainless Steel Appliances, Quartz Countertops, Refinished Hardwood Floors, And Air Conditioning. Five 2 Bedroom Units, And One 1 Bedroom Unit, All With Contemporary Finishes And Generous Floor Plans, In Addition To 7 Parking Spaces. Many Updates Including a Multi-Camera Security System, New NTI Commercial Tankless Hot Water System, New A.O. Smith Commercial Hot Water Tank, New Commercial Maytag Coin Operated Laundry Machines, Many New Windows, New Doors, Mini-Split Air Conditioners, Stucco Exterior, And More! Don't Miss This Opportunity To Own A Well Maintained, Well Capitalized, And Easy To Manage Investment Property. Gross Income: $167,967.56. Hydro/Gas/Water/Tax/Insurance: $25,640.81.
