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$2,000,000Asking Price

1408 Kingston Road, Toronto, ON M1N 1R3

Birchcliff, Toronto

Multiplex
13
Bedrooms
9
Baths
3
Parking
Days on Market

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.

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Tour this home:

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.

Key Info

  • 2-Storey Multiplex
  • 3 Parking
  • No Garage
  • Warden & Kingston Rd
  • 5000 + Approximate Sq Feet
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $7,246 in 2024

Details

  • Brick Exterior
  • No Fireplace
  • 7 Kitchens
  •  
  • MLS #E12034473
  • RE/MAX WEST REALTY INC.

Extras

Room Floor Dimensions Details
Washroom3 3-Piece Bathrooms
Washroom3 3-Piece Bathrooms on Ground Floor
Washroom1 2-Piece Bathroom on Ground Floor
Washroom2 3-Piece Bathrooms

Who lives here?

Birchcliff, Toronto is an east Toronto neighbourhood notable for its executives, education, law & public sector professionals and tradespeople. Residents tend to be older with a significant number of adults aged 40 to 64 and seniors aged 65 to 74.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

47% of residents are
single and loving it.

47% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

32% of residents
are renters.

32% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

41% of residents are
university grads.

41% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$140K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 14%
Business 11%
Government 11%
Management 9%
Trades 6%

Immigrants

27% of residents were
born outside of Canada.

27% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 3.6% of immigrants.
Philippines 2.8%
Caribbean 2.3%
Bangladesh 2.0%
China 1.7%

3.6% from UK
All-time

Birthplace - Recent

Philippines was once home to 0.5% of immigrants.
UK 0.4%
India 0.3%
China 0.2%
Bangladesh 0.2%

0.5% from Philippines
Recent

Foreign Languages

Foreign Languages

Bengali 2%
French 2%
Cantonese 2%
Tagalog 1%
Italian 1%

Religions

Religions

Christian 56%
Muslim 3%
Jewish 1%
Buddhist 1%

Social Housing

Social Housing Buildings

1

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

1

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)