Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

1408 Kingston Road, Toronto, ON M1N 1R3 (Warden & Kingston Rd)
$ 1600000 - MLS : E12253723

From Our Gallery

Description

6.6% Cap Rate! 6 Unit Multiplex For Sale. Plus One Non-Conforming Unit In Bsmt. 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 Be Discussed. 2 Parking Spots On Property, One Rented From Neighbour. 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. Some Virtually Staged Photos.

Location Description

Warden & Kingston Rd

Property Detail

Community: Birchcliffe-Cliffside
Property Type: Owner+Tenant/Residential Freehold
Bedrooms: 13
Bath: 9
Garages: None
Annual Property Taxes : $ 7246

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Concrete
Counstruction Material : Brick
Total Parking Space : 3
Parking Type : None

Amenities

Heating : Forced AirGas
Sewer : Sewer ,

Listing Contracted With: RE/MAX WEST REALTY INC.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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