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$1,299,900
Available - For Sale
Listing ID: E12160679
6% CAP RATE! Rare multi-unit investment in prime Danforth location. Upgraded 4-unit property offering a current 6% cap rate and A+ tenants. Literally steps to the subway, this turnkey opportunity features a 2-bedroom unit across main and basement levels with updated kitchen and walkout to south-facing yard. Upper levels each offer bright 1-bedroom units; the top floor with loft-like feel and balcony. The newly underpinned basement bachelor has a private walkout, separate entrance, and upgraded foundations and drainage. Secure common entrance with laundry, bike storage, and solid double-car garage with laneway house potential. Significant capital improvements already completed. Stable income in a high-demand rental market with future upside. 1 x 2-Bedroom Unit: Spanning the main and lower levels, this unit features a renovated kitchen with smart hotplates, ample counter space, and access to a south-facing backyard. Includes one bedroom on the main floor and a second bedroom with a large bathroom and generous storage in the high basement. 1 x 1-Bedroom Unit (Second Floor): Bright and spacious with abundant natural light, offering an open layout and comfortable living space. 1 x 1-Bedroom Unit (Third Floor): Loft-style unit with a walkout to a private balcony and unobstructed views, creating a unique and airy living space. 1 x Bachelor Suite (Basement): Newly underpinned and upgraded, featuring its own private walkout, separate entrance, sun-filled living area, new foundations, drainage system, and sump pump. Total 3,239 square feet including basement (Floorplans). FREE property management services for one year, ask LA for details. November 2024 Home Inspection available
Price $1,299,900
Taxes: $6,745
Tax Type: Annual
Occupancy by: Tenant
Address: 45 Strathmore Boul , Toronto, M4C 1N5, Toronto
Postal Code: M4C 1N5
Province/State: Toronto
Legal Description: PT LT 35 PL 417E TORONTO; PT LT 36 PL 41
Directions/Cross Streets: Danforth Ave & Donalds Avenue
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 3,000
Total Area Code:  Square Feet
Area Influences: Public Transit  
Approximatly Age: 100+
Chattels: T
Franchise: F
Maintenance: 0
Heat Type: Gas Hot Water
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HARVEY KALLES REAL ESTATE LTD.

45 Strathmore Boul , Toronto, M4C 1N5, Toronto


 
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Type: Com - Investment
Area: Toronto
Municipality: Toronto E03
Neighbourhood: Danforth
Style:
Lot Size: x 125.00(Feet)
Approximate Age: 100+
Tax: $6,745
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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