1008 ST. LAURENT Boulevard, OverbrookCastleheightsandArea, ON K1K 3B4 (St.Laurent & Donald)

Price : $1,399,900.00 , MLS®# : X12270156

Description

Turnkey 5-Unit Multiplex that has been Fully Renovated with Strong Cash Flow! An exceptional investment opportunity awaits with approximately 6% Cap Rate, offering $400,000 in recent capital improvements from top to bottom. 2- 2Bedroom, 2- 1Bedroom & 1- Studio. Every aspect of the property has been thoughtfully upgraded from the roof, insulation, electrical, plumbing, kitchens, bathrooms, flooring and soo much more making this a truly turnkey asset for any investor. Each unit has been modernized with quality finishes, ensuring long-term durability and tenant appeal. Major systems, interiors, and exterior elements have all been addressed, minimizing future maintenance costs. With a Net Operating Income of $82,136, this property offers a solid return in a market where stability and performance matter. Whether you're expanding your portfolio or entering the multi-family space, this is an investment you wont want to miss. 1,900SF.FT. of Parking. Investment Package Available with Rent Role & Capital Improvements. Zoning code:AM10(2199)AM10(1211)5228

Location Description

St.Laurent & Donald

Property Details
  • Community: 3502 - Overbrook/Castle Heights
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 6
  • Bath: 5
  • Garages: None
  • Annual Property Taxes : $ 3372
Building Features
  • Foundation Type: Poured Concrete-Block
  • Counstruction Material : Aluminum Siding-Brick
  • Total Parking Space : 7
  • Parking Type : None
Features
  • Heating : Forced AirGas
  • Sewer : Sewer ,

Listing Contracted With: ROYAL LEPAGE TEAM REALTY