258, 260, 262, 264 Bronson Avenue, West Centre Town, ON Image 1

$3,549,000

Multiplex For Sale
MLS - #X11980469
May 29- By RE/MAX HALLMARK REALTY GROUP

258, 260, 262, 264 Bronson Avenue, West Centre Town, ON K1R 6H8

17 Bed
10 Bath
5000 + Sqft.
None Garage

Property Description

Property type

Multiplex

Lot size

N/A

Style

2-Storey

Approx. Area

5000 + Sqft

About 258, 260, 262, 264 Bronson Avenue

Excellent Income producing investment property with Great Development Potential = Zoned TM [2214] which allows 6-Storey Development with Multiple Use. Enjoy a good income producing investment (approx. 4.76 Cap Rate) while planning your future development of your own perfect income property investment specific to your investment portfolio needs. Located in one of the main city corridors - walking distance to 2 LRT Stations, minutes from Downtown, Dows Lake & Little Italy. Duplex is undergoing Major Renovations (with permits) inside & out = one 3-bedroom unit & one large 2-bedroom plus Den unit, each unit will include 2 full bathrooms, each having it's own furnace, laundry & hydro meter with the top unit rented at $2,800 per month (lower large 2 bedroom plus Den unit presently occupied by one of the owner's with an estimated rental monthly income of $2,900). Property features 15 parking spaces. Each of the 3 attached Townhomes have undergone major renovations & each Townhome includes 4-bedrooms, 2 full bathrooms, & In-Unit Laundry. When fully occupied Estimated Gross Income is $201,000.00 - Estimated Gross Expenses are $32,073.00 - Estimated Net Income before mortgage costs are $168,927.00.

Home Overview

Last updated

May 29

Virtual tour

None

Basement information

Unfinished

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:Unfinished
Cooling:Central Air
Heating:Forced Air
Parking Features:Private
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Similar Homes Found
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Average Price
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Location

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Walk Score for 258, 260, 262, 264 Bronson Avenue

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$13554.78/ month

Some information about this property - Bronson Avenue

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