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Home ON Greater Toronto Area Toronto Old Toronto Swansea
25 WINDERMERE Avenue
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25 WINDERMERE Avenue $1,998,000
1 day ago
$1,998,000
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25 WINDERMERE Avenue
Toronto, Ontario M6S3J3

MLS® Number: 40707957
14
Bedrooms
9
Bathrooms
4200
Square Feet

Listing Description

Discover a lucrative investment opportunity with this 9-unit multi-residential building, ideally situated in the heart of Swansea. This property features five spacious two-bedroom units and four cozy one-bedroom units, providing a diverse range of rental options to attract a variety of tenants.**Key Features** Prime Location:Nestled in a highly sought-after neighborhood, this building benefits from proximity to local amenities, schools, parks, and public transportation, making it an attractive choice for renters. Unit Mix: The property boasts a well-balanced mix of five two-bedroom units and four one-bedroom units, catering to families, professionals, and individuals alike. Parking: Enjoy the convenience of over five dedicated parking spaces located behind the building, a rare find in this bustling area. Strong Rental Demand: Desirable location ensures consistent demand for rental properties, providing an excellent opportunity for steady cash flow.Take advantage of this exceptional opportunity to invest in a multi-residential building in a thriving community. The estate makes no representations or warranties and the building is being sold in as is, where is condition. 6 out of 9 units currently rented (on a month-to-month basis), gross rental income is $6,225/month with a potential for a total of $12,500/month + (The projected rental income presented is based on current rental rates in the immediate area. However, the seller and the listing brokerage make no representations or warranties regarding these figures. It is the responsibility of their buyer and their representative to conduct thorough due diligence to verify the rental potential at these amounts ) and the building currently carries no debts. Operating expenses include property manager, bi-weekly cleaning, common area expenses, insurance, lawn care or snow removal and taxes (68761519)

Location Description

Windermere Ave/The Queensway

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
4200 sqft
Subdivision Name
TWHP - High Park-Swansea
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$10,786.56
Total Parking Spaces
5
Time on REALTOR.ca
1 day

Building

Bathrooms
Total
9
Interior Features
Basement Type
Full (Finished)
Building Features
Features
Laundry- Coin operated
Foundation Type
Block
Total Units
9
Heating & Cooling
Cooling
None
Heating Type
Radiant heat
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Marina, Public Transit, Schools
Parking
Total Parking Spaces
5

Measurements

Square Footage
4200 sqft
Above Grade Finished
4200 sqft
Source: Other

Land

Lot Features
Frontage
60 ft
Other Property Information
Zoning Description
R(d0.6*733), R(d1*547)
Data provided by: Cornerstone - Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4

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