$1,299,000Asking Price
Exceptional investment opportunity offering approximately $76,200 in gross annual income, with the flexibility of vacant possession available. This well-maintained, approximately 1,400 sq. ft. multiplex is ideally situated just a 5-minute walk to the new Keelesdale LRT station on the Eglinton Crosstown line and less than 20 minutes to the Mount Dennis GO station, providing excellent transit connectivity and strong tenant appeal.The property features two full storeys of residential space plus an unfinished basement currently utilized for shared laundry and additional storage. The current owner has enhanced the property's income potential with numerous upgrades, including new flooring throughout and a recently replaced roof. A newly installed private parking pad at the rear of the building adds further convenience and value.This turnkey income property is well-positioned in a growing, transit-oriented neighbourhood with strong long-term upside. Buyer to verify all details, measurements, zoning, and permitted uses.
Exceptional investment opportunity offering approximately $76,200 in gross annual income, with the flexibility of vacant possession available. This well-maintained, approximately 1,400 sq. ft. multiplex is ideally situated just a 5-minute walk to the new Keelesdale LRT station on the Eglinton Crosstown line and less than 20 minutes to the Mount Dennis GO station, providing excellent transit connectivity and strong tenant appeal.The property features two full storeys of residential space plus an unfinished basement currently utilized for shared laundry and additional storage. The current owner has enhanced the property's income potential with numerous upgrades, including new flooring throughout and a recently replaced roof. A newly installed private parking pad at the rear of the building adds further convenience and value.This turnkey income property is well-positioned in a growing, transit-oriented neighbourhood with strong long-term upside. Buyer to verify all details, measurements, zoning, and permitted uses.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 3-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
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Keelesdale, Toronto is a central Toronto neighbourhood notable for its salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from Portugal and the Philippines, and Italian, Spanish and Portuguese speakers. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 40 to 64 and seniors aged 65 to 69.
Kids Per Family
1.3
kids per family
in the neighbourhood.
50%
of residents are
single and loving it.
50% singles
Toronto (50%)
39%
of residents
are renters.
39% renters
Toronto (47%)
19%
of residents are
university grads.
19% university grads
Toronto (48%)Average Household Income
$91K
is the average household
income in the neighbourhood.
Professions
| Sales | 16% |
| Trades | 14% |
| Business | 8% |
| Government | 6% |
| Management | 5% |
57%
of residents were
born outside of Canada.
57% immigrants
Toronto (48%)17.5% from Portugal
All-time
1.8% from Philippines
Recent
Foreign Languages
| Portuguese | 27% |
| Spanish | 7% |
| Italian | 5% |
| Tagalog | 4% |
| Vietnamese | 2% |
Religions
| Christian | 79% |
| Muslim | 6% |
| Buddhist | 4% |
| Hindu | 2% |
Social Housing Buildings
1
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.