Gorgeous 100+ year old purpose built 4-unit multiplex in the heart of the prestigious Regal Heights Neighbourhood in Corso Italia. Offering over 4,000 sqft of living space plus a 2,000+ sqft basement. Each of the four spacious units ranges between 1,000-1,200 sqft and features 2 bedrooms, with every tenant enjoying access to approximately 500 sqft of basement space. This fully tenanted property generates excellent income with a cap rate of approximately 4%, supported by current rents of $1,500, $2,600, $2,600, and $2,800, plus additional income from a double detached garage rented at $525/month each. Estimated annual expenses including taxes, heat, water, insurance, and grounds maintenance are just $30,000, making this a strong and reliable investment. NOI of $95,000 annually. Meticulously maintained by a private owner with true pride of ownership, this property has seen recent upgrades including a new roof, new windows, and an updated breaker electrical panel. Perfectly situated in vibrant Regal Heights, steps to all that St. Clair Ave W has to offer! Shops, restaurants, TTC transit (street car stop right across the street), and community amenities, this is a rare opportunity to own a turnkey, income-generating multiplex in one of Torontos most desirable and culturally rich neighbourhoods. |
Price | $2,489,000 |
Taxes: | $10658.00 |
Occupancy: | Tenant |
Address: | 93 Northcliffe Boul , Toronto, M6H 3H3, Toronto |
Directions/Cross Streets: | St. Clair Ave W & Dufferin St |
Rooms: | 16 |
Bedrooms: | 8 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Apartment |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Kitchen | 13.02 | 16.96 | Hardwood Floor, Combined w/Dining, Window |
Room 2 | Main | Living Ro | 12.99 | 12.69 | Hardwood Floor, Bay Window, Wainscoting |
Room 3 | Main | Bedroom | 9.45 | 13.02 | Hardwood Floor, Window, Closet |
Room 4 | Main | Bedroom 2 | 10 | 10.66 | Hardwood Floor, Window |
Room 5 | Main | Living Ro | 12.76 | 13.02 | Laminate, Window, Wainscoting |
Room 6 | Main | Dining Ro | 9.64 | 12.96 | Laminate, Window, Wainscoting |
Room 7 | Main | Kitchen | 12.92 | 6.99 | Laminate, Window |
Room 8 | Main | Bedroom | 13.09 | 11.41 | Laminate, Closet, Window |
Room 9 | Main | Bedroom 2 | 10.82 | 10 | Laminate, Window, Closet |
Room 10 | Second | Living Ro | 12.99 | 12.99 | Laminate, Large Window |
Room 11 | Second | Dining Ro | 12.99 | 9.61 | Laminate, Wainscoting, Window |
Room 12 | Second | Kitchen | 11.45 | 7.02 | Laminate, Window |
Room 13 | Second | Bedroom | 13.09 | 9.45 | Laminate, Closet, Window |
Room 14 | Second | Bedroom 2 | 10.79 | 9.94 | Laminate, Window, Closet |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 4 | Second |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 100+ |
Property Type: | Multiplex |
Style: | 2-Storey |
Exterior: | Brick |
Garage Type: | Detached |
(Parking/)Drive: | None |
Drive Parking Spaces: | 0 |
Park #1 | |
Parking Type: | None |
Park #2 | |
Parking Type: | None |
Pool: | None |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 3500-5000 |
Property Features: | Library, Park |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Water |
Central Air Conditioning: | Window Unit |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Elevator Lift: | False |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
KELLER WILLIAMS REFERRED URBAN REALTY |
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Type: | Freehold - Multiplex |
Area: | Toronto |
Municipality: | Toronto W03 |
Neighbourhood: | Corso Italia-Davenport |
Style: | 2-Storey |
Approximate Age: | 100+ |
Tax: | $10,658 |
Beds: | 8 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |