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Home ON Greater Toronto Area Toronto Old Toronto Swansea
25 WINDERMERE AVENUE
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25 WINDERMERE AVENUE $1,998,000
1 day ago
$1,998,000
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25 WINDERMERE AVENUE
Toronto (High Park-Swansea), Ontario M6S3J3

MLS® Number: W12032561
9 + 5
Bedrooms
9
Bathrooms
-
Square Feet

Listing Description

Discover a lucrative investment opportunity with this 9-unit multi-residential building, ideally situated in the heart of Swansea. This property features five spacious two-bedroom units and four cozy one-bedroom units, providing a diverse range of rental options to attract a variety of tenants.**Key Features** Prime Location:Nestled in a highly sought-after neighborhood, this building benefits from proximity to local amenities, schools, parks, and public transportation, making it an attractive choice for renters. Unit Mix: The property boasts a well-balanced mix of five two-bedroom units and four one-bedroom units, catering to families, professionals, and individuals alike. Parking: Enjoy the convenience of over five dedicated parking spaces located behind the building, a rare find in this bustling area. Strong Rental Demand: Desirable location ensures consistent demand for rental properties, providing an excellent opportunity for steady cash flow.Take advantage of this exceptional opportunity to invest in a multi-residential building in a thriving community. The estate makes no representations or warranties and the building is being sold in "as is, where is" condition. 6 out of 9 units currently rented (on a month-to-month basis), gross rental income is $6,225/month with a potential for a total of $12,500/month + (The projected rental income presented is based on current rental rates in the immediate area. However, the seller and the listing brokerage make no representations or warranties regarding these figures. It is the responsibility of their buyer and their representative to conduct thorough due diligence to verify the rental potential at these amounts ) and the building currently carries no debts. Operating expenses include property manager, bi-weekly cleaning, common area expenses, lawn care or snow removal and taxes. (40086080)

Location Description

Queensway/Windermere

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Community Name
High Park-Swansea
Land Size
60.46 x 100 FT|under 1/2 acre
Annual Property Taxes
$10,786.56
Parking Type
No Garage
Time on REALTOR.ca
1 day

Building

Bedrooms
Above Grade
9
Below Grade
5
Bathrooms
Total
9
Interior Features
Appliances Included
Dryer, Washer
Basement Features
Walk-up
Basement Type
N/A (Finished)
Building Features
Foundation Type
Block
Heating & Cooling
Heating Type
Radiant heat
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
5

Land

Lot Features
Frontage
60 ft ,5 in
Land Depth
100 ft
Other Property Information
Zoning Description
R(d0.6*733), R(d1*547)
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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