161 Wallace Ave Toronto, Ontario M6H 1V1
$3,999,000
Great Investment Opportunity! Located In The Junction Triangle In The Dovercourt Area, This Triplex Offers 10 Individual, Fully Furnished Rental Units W/ 10 Kitchenettes And 10 Full Bathrooms Half A Million Spent On Renovations; Very Spacious Separate Self-Contained Units. Fully Finished Basement With Walk Up Double Door Entry To The Back Yard. 3 Separate Hydro Meters, 3 Water Meters, 2 Ac Units; 1 Full Laundry For Shared Use In Basement; 2 Furnaces; Tool Shed In The Back Yard And Much More! Conveniently Located Close To All Amenities: Walk To Lansdowne Subway, Minutes From U Of T.**** EXTRAS **** Monthly Expenses Approx. $3262.74. Rental Income Of Approx. $15,949 Monthly & $191,388 Yearly. Cap Rate Upwards Of 4.06% ! Existing House & All Inclusions Being Sold ""As Is"". (id:45475)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | W5594919 |
| Property Type | Multi-family |
| Community Name | Dovercourt-Wallace Emerson-Junction |
| Parking Space Total | 2 |
Building
| Cooling Type | Fully Air Conditioned |
| Size Exterior | 3058 Sqft |
| Size Interior | 3058 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Irregular | Bldg=25 X 112 Ft |
| Size Total Text | Bldg=25 X 112 Ft |
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Toronto Real Estate Board
Sam Mcdadi Real Estate Inc.
April 28 2022 08:09:46
