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$3,149,000
Available - For Sale
Listing ID: E8087036
Welcome To 555 Birchmount Rd, A Boutique 6-Plex Multi-Residential Building With Fully Renovated And Fully Tenanted Units At Market Rent In Desirable Clairlea-Birchmount! Incredible Investment Opportunity With An Assumable Mortgage At 2.19% Until December 2026! Over $163k In Gross Income! Each Unit Has Been Meticulously Restored With All New Fixtures And Stainless Steel Appliances, Quartz Countertops, Refinished Hardwood Floors, And Air Conditioning. Five 2 Bedroom Units, And One 1 Bedroom Unit, All With Contemporary Finishes And Generous Floor Plans, In Addition To 7 Parking Spaces. Many Updates Including a Multi-Camera Security System, New NTI Commercial Tankless Hot Water System, New A.O. Smith Commercial Hot Water Tank, New Commercial Maytag Coin Operated Laundry Machines, Many New Windows, New Doors, Mini-Split Air Conditioners, Stucco Exterior, And More! Don't Miss This Opportunity To Own A Well Maintained, Well Capitalized, And Easy To Manage Investment Property. Gross Income: $163,452.56. Hydro/Gas/Water/Tax/Insurance: $25,640.81.
Extras:   7 Hydro Meters. Close To All Amenities Including Shopping, Warden Station, Scarborough GO, Centennial College, Multiples Parks And Great Schools. Easy To Manage Property With Great Tenants. See Virtual Tour Of Unit 302!
Price $3,149,000
Taxes: $7,735.44
Tax Type: Annual
Occupancy by: Tenant
Address: 555 Birchmount Rd , Toronto, M1K 1P8, Ontario
Postal Code: M1K 1P8
Province/State: Ontario
Legal Description: PT LT 30 CON B SCARBOROUGH AS IN TB24233
Lot Size: 74.27 x 140.14 (Feet)
Directions/Cross Streets: Birchmount Rd & St Clair Ave
Zoning: RM
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 5,250
Total Area Code:  Sq Ft
Heat Type: Gas Hot Water
Central Air Conditioning: Y
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
BOSLEY REAL ESTATE LTD.

555 Birchmount Rd , Toronto, M1K 1P8, Ontario


 
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Type: Com - Investment
Area: Toronto
Municipality: Toronto
Neighbourhood: Clairlea-Birchmount
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Lot Size: 74.27 x 140.14(Feet)
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Tax: $7,735.44
Maintenance Fee: $0
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