231 Melrose Street, Toronto W06, ON M8Y 1B8, Toronto W06, ON
Bed 15
Bath 9
Don't Miss Out On The Incredible Opportunity To Own This Purpose-Built, Legal Multiplex, In A Prime Area Of South Etobicoke, Surrounded By Multi-Million Dollar Homes. The Solid Brick 9-Plex Consists Of 6 2-Bedroom, 2 1-Bedroom Units & A Studio Apartment, 15 Bedrooms In Total! Potential Gross Income Is Approximately $268,800.00, Which Makes This An Amazing Investment Opportunity. This Building Is Always Fully Rented And Offers A Fabulous Upside Potential On Tenant Turnover That Would Account For About 5.7% Of Return On The Investment Plus A Building Ownership! The Units Are Updated And Bright, Very Clean & Easy To Rent. Very Well Managed Building With Great Tenants, In A Perfect Location, Near GO Station, Amenities, The Lake And The Gardiner ExpressWay.
PCL 11-1, SEC M110; LT11, PL M110; ETOBICOKE, CITY OF TORONTO
Possession Details
Immediate
Listing Office
RIGHT AT HOME REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2024-04-24T18:06:04Z
Media Updated
2024-04-25T21:03:21Z
Photos Updated
2024-04-25T21:03:20Z
Last Modified
2024-05-14T22:35:04Z
System Modified
2025-10-11T13:24:59.863503Z
MLS Status
Terminated
Architectural Style
2-Storey
Basement
Finished
Ddfyn
Yes
Expiration Date
2024-09-30
Foundation Details
Concrete
Heat Source Multi
Gas
Heat Type Multi
Radiant
Hstapplication
Included
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
076180214
Parking Spaces
0
Property Features
Hospital, Public Transit, School
Public Remarks
Don't Miss Out On The Incredible Opportunity To Own This Purpose-Built, Legal Multiplex, In A Prime Area Of South Etobicoke, Surrounded By Multi-Million Dollar Homes. The Solid Brick 9-Plex Consists Of 6 2-Bedroom, 2 1-Bedroom Units & A Studio Apartment, 15 Bedrooms In Total! Potential Gross Income Is Approximately $268,800.00, Which Makes This An Amazing Investment Opportunity. This Building Is Always Fully Rented And Offers A Fabulous Upside Potential On Tenant Turnover That Would Account For About 5.7% Of Return On The Investment Plus A Building Ownership! The Units Are Updated And Bright, Very Clean & Easy To Rent. Very Well Managed Building With Great Tenants, In A Perfect Location, Near GO Station, Amenities, The Lake And The Gardiner ExpressWay.
