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    231 Melrose Street, Toronto W06, ON M8Y 1B8

    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    231 Melrose Street, Toronto W06, ON M8Y 1B8
    For Sale Closed Residential Freehold

    231 Melrose Street, Toronto W06, ON M8Y 1B8

    $3,199,900

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    231 Melrose Street, Toronto W06, ON M8Y 1B8, Toronto W06, ON
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      Bed 15
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      Bath 9

    A Wonderful Opportunity To Own This Purpose-Built Multiplex, In A Prime Area Of South Etobicoke, Surrounded By Multi-Million Dollar Homes. The Solid Brick 9-Plex Consists Of 6 2-Bedroom And 3 1-Bedroom Units With 2 Balconies. These 15 Bedrooms In Total Produce About $172k Of Gross Annual Rental Income With A Potential To Further Improve Easily. This Building Is Always Fully Rented Due To Great Management And Care By The Owner, And Offers A Fabulous Up-Side On Tenant Turnover. This Could Account Upward Of 5.7% Of The Return On The Investment Plus A Building Ownership That Grows Equity! 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.

    Property Highlights

    For Sale
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      MLS NO.

      W9297693

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      Type

      Residential Freehold

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      Sub Type

      Multiplex

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      Bedrooms

      15

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      Bathrooms

      9

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      Parking

      9.0

    Complete Property Details

    Property Type Residential Freehold
    Sub Type Multiplex
    Transaction Type For Sale
    Status Closed
    Contract Status Unavailable
    MLS® Number W9297693
    Living Area Range 5000 +
    Total Bedrooms 15
    Bedrooms Above Grade 9
    Bedrooms Below Grade 6
    Total Bathrooms 9
    Total Kitchens 9
    Kitchens Above Grade 9
    Rooms Above Grade 39
    Interior Features Intercom, Separate Hydro Meter, Separate Heating Controls
    Fireplace No
    Security Features Carbon Monoxide Detectors, Security System, Smoke Detector
    Construction Brick
    Roof Asphalt Shingle
    Lot Width 50.0
    Parking Features Private
    Parking Total 9.0
    Covered Spaces 0.0
    Garage Type None
    Pool None
    Direction Facing South
    Cooling Window Unit(s)
    Heat Source Gas
    Heat Type Radiant
    Internet Address Display Yn Yes
    Internet Entire Listing Display Yn Yes
    Full Address 231 Melrose Street, Toronto W06, ON M8Y 1B8
    City Toronto W06
    Neighbourhood Mimico
    County / Region Toronto
    Province / State ON
    Postal Code M8Y 1B8
    Cross Street South Kingsway & South Of QEW
    List Price $3,199,900
    Annual Taxes $15,801
    Tax Year 2023
    Legal Description PCL 11-1, SEC M110; LT11, PL M110; ETOBICOKE, CITY OF TORONTO
    Possession Details Immediate, TBD
    Listing Office RIGHT AT HOME REALTY
    Board Toronto Regional Real Estate Board
    Original Entry 2024-09-04T12:20:22Z
    Media Updated 2024-09-04T12:20:22Z
    Photos Updated 2024-09-04T12:20:22Z
    Last Modified 2024-10-21T23:52:58Z
    System Modified 2025-10-11T17:57:26.780284Z
    MLS Status Sold
    Architectural Style 2-Storey
    Basement Finished
    Ddfyn Yes
    Expiration Date 2025-02-28
    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 A Wonderful Opportunity To Own This Purpose-Built Multiplex, In A Prime Area Of South Etobicoke, Surrounded By Multi-Million Dollar Homes. The Solid Brick 9-Plex Consists Of 6 2-Bedroom And 3 1-Bedroom Units With 2 Balconies. These 15 Bedrooms In Total Produce About $172k Of Gross Annual Rental Income With A Potential To Further Improve Easily. This Building Is Always Fully Rented Due To Great Management And Care By The Owner, And Offers A Fabulous Up-Side On Tenant Turnover. This Could Account Upward Of 5.7% Of The Return On The Investment Plus A Building Ownership That Grows Equity! 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.
    Showing Requirements List Salesperson
    Street Name Melrose
    Street Number 231
    Street Suffix Street
    Vendor Property Info Statement No
    Washrooms Type1 3
    Washrooms Type1 Level Lower
    Washrooms Type1 Pcs 4
    Washrooms Type2 3
    Washrooms Type2 Level Upper
    Washrooms Type2 Pcs 4
    Washrooms Type3 3
    Washrooms Type3 Level Upper
    Washrooms Type3 Pcs 4