2.91% assumable mortgage due June 2030 with an extremely low monthly payment of only $7,988! This turn key six-plex contains 5-two Bedroom units and 1-bachelor unit. Building and units were fully renovated in 2019, down to the studs. All units fully renovated throughout with quality, long lasting finishes including new kitchen, bathrooms, radiators, floors, appliances, in-wall AC units and in-suite washer/dryer. The building has new electrical & plumbing throughout, furnace, on-demand hot water, FOB entry and security cameras. Essentially a no maintenance building. All units fully tenanted, at market rent. A once in a lifetime opportunity to go back in time and buy with low rates. Individual hydro meters. 5 car parking. $500,000 of interest rate savings over the remaining term of the mortgage (5 years) using todays rates.
Property Type:
Freehold
Freehold Type:
Multiplex
Home Style:
2-Storey
Depth:
57'17.4 m
Frontage:
50'15.2 m
Exposure:
South
Bedrooms:
6+1
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
6
Rooms:
18
Heating type:
Radiant
Heating Fuel:
Gas
Basement:
Finished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0
Parking Spaces:
5
Total Parking Spaces:
5
Driveway:
Private
Family Room:
N
Possession Details:
TBD
Lot Irregularities:
Irregular, Drive
Taxes:
$6,903 /
2024
Assessment:
$- /
-
Floor
Ensuite
Pieces
Other
-
4
X6
New Toronto
Mortgage of $2,100,000 at 2.91% monthly payments of $7,988 due June 1st, 2030. Original amortization of 40 years. Total sq. ft. of 3,648 as per floor plans includes. All units are renovated the same as the unit in the photos.