231 MELROSE ST

Toronto

,

Ontario

Don't Miss Out On The Incredible Opportunity To Own This Purpose-Built, Legal Multiplex, In A Prime Area Of South Etobicoke, Surrounded By Multi-Million Dollar Homes. The Solid Brick 9-Plex Consists Of 6 2-Bedroom, 2 1-Bedroom Units & A Studio Apartment, 15 Bedrooms In Total! Potential Gross Income Is Approximately $268,800.00, Which Makes This An Amazing Investment Opportunity. This Building Is Always Fully Rented And Offers A Fabulous Upside Potential On Tenant Turnover That Would Account For About 5.7% Of Return On The Investment Plus A Building Ownership! The Units Are Updated And Bright, Very Clean & Easy To Rent. Very Well Managed Building With Great Tenants, In A Perfect Location, Near GO Station, Amenities, The Lake And The Gardiner ExpressWay. **** EXTRAS **** 9 Parking Spots, 2 Balconies, 9 Individual Meters, Tenants Pay Their Own Hydro, Except Unit 1A. (id:6355)

Listing ID: W8267086 Transaction Type: For sale Bedrooms: 15 Bathrooms: 9 Kitchens: Constructed Date: Maintenance Fee: / Maintenance Type: Land Size: Land Size Total Text: 50 x 125 FT Land Size Irregular: 50 x 125 FT Building Size Interior: Building Utility Water: Building Heating Type: Radiant heat Building Cooling Type: Window air conditioner Building Fixture: Land Sewer: Storage Type: Courtesy Of: RIGHT AT HOME REALTY Basement:

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Community: Mimico

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