This well-maintained, fully renovated 6-unit multiplex offers an exceptional investment opportunity in a prime Scarborough location. Situated on a 10,279.52 ft² lot, the property features 5 two-bedroom suites and 1 one-bedroom suite, all separately metered for hydro, ensuring efficient management and tenant flexibility. With a total rental revenue of $166,372.56 and additional laundry income, the building offers a solid return.
Key features include 7 outdoor parking spaces, excellent transit options, and a desirable walkable neighborhood. The property is under Residential Multiple Zone (RM) and includes an assumable mortgage of $2,276,796 at a favorable 2.19% interest rate, maturing in December 2026. With low operating expenses and fully-renovated suites, this building represents a stable, income-generating asset.
Don't miss out on this unique opportunity to secure a well-capitalized, income-producing property in a growing area of Toronto.