1408 Kingston Road Image 1

$2,000,000

23 hours agoInvestment For Sale
bedroomsbed
washrooms0bath
MLS - #E12034483

1408 Kingston Road, Toronto E06, ON M1N 1R3

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Average Price
200000000.0%
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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 1408 Kingston Road

7 Unit Multiplex For Sale. 6 x 2 Bed Units. 1 x 1 Bed Unit. 3 Renovated Units (2023) Currently Owner Occupied Suite Could Be Split Into 2 units. 2nd Floor Large 2 Bed Unit Has 2 Entrances And Has Potential To Split As Well. Value-Add Opportunity For The Right Operator. All Units Have Separate Hydro Meters. 3 Gas Meters. Some Long Term Tenants But Vacant Possession On Some Units Can Be Provided. 3 Parking Spots On Property. Flat Roof Replaced 2024. Great Investment Property For An Experienced Investor Or First Timer. Current Gross Income $130,000. Insurance $5,980, Hydro $5,400, Gas $5,400, Water $6,600. Easy Access To Subway, Beaches, Shops On Kingston Rd, TTC Bus Stop At Door Step, Birchmount Park & Community Centre.

Home Overview

Last updated

23 hours ago

Virtual tour

None

Basement information

Building size

5900

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Listed by RE/MAX WEST REALTY INC.

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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