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$3,195,000Asking Price

28A Third St

New Toronto, Toronto

Multiplex
6 + 1
Bedrooms
6
Baths
5
Parking
Days on Market

2.91% assumable mortgage due June 2030 with an extremely low monthly payment of only $7,988! This turn key six-plex contains 5-two Bedroom units and 1-bachelor unit. Building and units were fully renovated in 2019, down to the studs. All units fully renovated throughout with quality, long lasting finishes including new kitchen, bathrooms, radiators, floors, appliances, in-wall AC units and in-suite washer/dryer. The building has new electrical & plumbing throughout, furnace, on-demand hot water, FOB entry and security cameras. Essentially a no maintenance building. All units fully tenanted, at market rent. A once in a lifetime opportunity to go back in time and buy with low rates. Individual hydro meters. 5 car parking. $500,000 of interest rate savings over the remaining term of the mortgage (5 years) using todays rates.

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2.91% assumable mortgage due June 2030 with an extremely low monthly payment of only $7,988! This turn key six-plex contains 5-two Bedroom units and 1-bachelor unit. Building and units were fully renovated in 2019, down to the studs. All units fully renovated throughout with quality, long lasting finishes including new kitchen, bathrooms, radiators, floors, appliances, in-wall AC units and in-suite washer/dryer. The building has new electrical & plumbing throughout, furnace, on-demand hot water, FOB entry and security cameras. Essentially a no maintenance building. All units fully tenanted, at market rent. A once in a lifetime opportunity to go back in time and buy with low rates. Individual hydro meters. 5 car parking. $500,000 of interest rate savings over the remaining term of the mortgage (5 years) using todays rates.

Key Info

  • 2-Storey Multiplex
  • 4+ Parking
  • No Garage
  • Islington Ave. and Lake Shore Blvd.
  • Radiant Gas Heating
  • Wall Unit A/C

Property

  • Taxes were $6,903 in 2024
  • Possession: TBD

Details

  • Brick Exterior
  • No Fireplace
  • 6 Kitchens
  •  
  • MLS #W10422790
  • BRAD J. LAMB REALTY 2016 INC.

Extras

  • Mortgage of $2,100,000 at 2.91% monthly payments of $7,988 due June 1st, 2030. Original amortization of 40 years. Total sq. ft. of 3,648 as per floor plans includes. All units are renovated the same as the unit in the photos.
Room Floor Dimensions Details
Washroom6 4-Piece Bathrooms

Who lives here?

New Toronto, Toronto is a west Toronto neighbourhood notable for its singles, renters, executives, education, law & public sector professionals, salespeople and tradespeople. Residents tend to be older with a significant number of babies, youth aged 20 to 24, adults aged 40 to 44, 40 to 44, 40 to 44 and 40 to 44 and seniors aged 65 to 69.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

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

Singles

57% of residents are
single and loving it.

57% singles

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

Renters

58% of residents
are renters.

58% renters

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

Education

39% of residents are
university grads.

39% university grads

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

Income

Average Household Income

$95K

is the average household
income in the neighbourhood.

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

Professions

Professions

Sales 16%
Business 10%
Government 9%
Trades 8%
Management 7%

Immigrants

37% of residents were
born outside of Canada.

37% immigrants

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

Birthplace - All

Caribbean was once home to 4.2% of immigrants.
Poland 3.8%
Philippines 3.4%
India 1.8%
Ukraine 1.8%

4.2% from Caribbean
All-time

Birthplace - Recent

Philippines was once home to 0.6% of immigrants.
India 0.6%
China 0.4%
Nigeria 0.2%
Other South America 0.2%

0.6% from Philippines
Recent

Foreign Languages

Foreign Languages

Polish 5%
Tagalog 3%
Spanish 2%
French 2%
Ukrainian 2%

Religions

Religions

Christian 66%
Muslim 5%
Hindu 3%
Buddhist 1%
Jewish 1%

Social Housing

Social Housing Buildings

2

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

1

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)