$2,375,000 Sold Price
$2,499,900Asking Price
Fully Renovated Six units. 5% CAP RATE! Assumable mortgage of $1,745,000 at 4.25% (to 2032).CMHC-Insured Mortgage. South Etobicoke Gem. 5.5% return on cash! All units renovated to New Condo Standard! Exceptional turnkey 6-unit building fully gutted and renovated in 2021/2022 to condo standards. Each unit features new kitchens, soft close cabinet doors, new bathrooms, new flooring, and includes 6 new appliances (fridge, stove, dishwasher, microwave, washer, and dryer). Upgraded mechanicals, new high-efficiency furnace, 6 new (wall mounted) AC systems, and modern finishes throughout make this a rare hands-off investment. Strong rental income with a current 5% cap rate. Private drive with parking for 5 cars. Outstanding investor advantage with an assumable CMHC-insured mortgage of $1,745,000 at 4.25%fixed until December 2032, providing below-market financing and excellent cash flow stability. Located in desirable South Etobicoke, close to transit, major highways, and amenities. A rare opportunity to own a fully stabilized, low-maintenance asset with built-in financing in a high-demand rental market. All rents are market or above (one unit vacant for showings).
Fully Renovated Six units. 5% CAP RATE! Assumable mortgage of $1,745,000 at 4.25% (to 2032).CMHC-Insured Mortgage. South Etobicoke Gem. 5.5% return on cash! All units renovated to New Condo Standard! Exceptional turnkey 6-unit building fully gutted and renovated in 2021/2022 to condo standards. Each unit features new kitchens, soft close cabinet doors, new bathrooms, new flooring, and includes 6 new appliances (fridge, stove, dishwasher, microwave, washer, and dryer). Upgraded mechanicals, new high-efficiency furnace, 6 new (wall mounted) AC systems, and modern finishes throughout make this a rare hands-off investment. Strong rental income with a current 5% cap rate. Private drive with parking for 5 cars. Outstanding investor advantage with an assumable CMHC-insured mortgage of $1,745,000 at 4.25%fixed until December 2032, providing below-market financing and excellent cash flow stability. Located in desirable South Etobicoke, close to transit, major highways, and amenities. A rare opportunity to own a fully stabilized, low-maintenance asset with built-in financing in a high-demand rental market. All rents are market or above (one unit vacant for showings).
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 2 4-Piece Bathrooms | ||||
| 2 4-Piece Bathrooms | ||||
| 2 4-Piece Bathrooms on Main Floor | ||||
Alderwood, Toronto is a west Toronto neighbourhood notable for its executives and tradespeople. Residents tend to be older with a significant number of babies, adults aged 35 to 64 and seniors aged 65 to 69.
Kids Per Family
1.2
kids per family
in the neighbourhood.
45%
of residents are
single and loving it.
45% singles
Toronto (50%)
20%
of residents
are renters.
20% renters
Toronto (47%)
32%
of residents are
university grads.
32% university grads
Toronto (48%)Average Household Income
$129K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Business | 11% |
| Trades | 10% |
| Management | 8% |
| Government | 8% |
34%
of residents were
born outside of Canada.
34% immigrants
Toronto (48%)4.2% from Philippines
All-time
1.1% from India
Recent
Foreign Languages
| Polish | 5% |
| Italian | 4% |
| Portuguese | 4% |
| Tagalog | 2% |
| Ukrainian | 2% |
Religions
| Christian | 74% |
| Muslim | 2% |
| Hindu | 2% |
| Buddhist | 1% |
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.