Toronto E06, ON M1N 1R3,1408 Kingston RD
Toronto E06, ON M1N 1R3,1408 Kingston RD
Toronto E06, ON M1N 1R3,1408 Kingston RD
Toronto E06, ON M1N 1R3,1408 Kingston RD
Toronto E06, ON M1N 1R3,1408 Kingston RD
Toronto E06, ON M1N 1R3,1408 Kingston RD
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$ 1,700,000
Est. payment | /mo

5,900 SqFt


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$ 1,700,000
Est. payment | /mo
Save

5,900 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 5,900 sqft

Price per Sqft $288

Subdivision Birchcliffe-Cliffside

MLS Listing ID E12171275

Annual Tax Amount $7,246

Tax Year 2024

Property Sub-Type Investment

Property Description

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.

Location

Province ON

County Toronto

Community Birchcliffe-Cliffside

Area Toronto

Zoning CR

Interior

Cooling Yes

Inclusions 7 Fridges, 7 Stoves, 2 CAC, 4 HWT, 1 Heat Pump & 3 Furnaces

Exterior

Parking Features None

Utilities Available Yes

Building

Lot Description Lot

Lited by RE/MAX WEST REALTY INC.
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1408 Kingston RD