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$2,199,000
5-Bed
6-Bath
Listed on 11/9/24
Listed by SAM MCDADI REAL ESTATE INC.
Expand Your Real Estate Portfolio With This Amazing Turnkey Investment Opportunity! Lucrative Cash Flow In Prime Toronto Location W/ Approved Plans To Construct a 1200 SF Total Laneway House! This Fully Rented 6-Unit Building Offers A Freshly Painted Exterior w/ A Spacious Store Front Utilized As a Successful Hair Salon. 4 More Upgraded Self-Contained Units Above w/ Their Own Design Details Plus A Bachelor Pad. Superb Location With The TTC Conveniently Located At Your Doorstep and All Amenities Nearby! Monthly Rent Received is $10,545 ($126,540 A Year) + The Projected Rent For The Laneway Property Is Approx. $4,000 A Month ($48,000 A Year) In Additional Rent! Sound Financial Opportunity with over $100,000 in Net Operating Income - Don't Delay!!
**Projected Construction Budget Available & Seller Has A Construction Team Available** Projected Length of Construction For Laneway House Approx. 5 - 6 Months**.
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W10416533
Detached, 3-Storey
17
5
6
2
Finished
N
Brick
Water
N
$7,072.05 (2023)
120.00x22.00 (Feet)
