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46 Twenty Second

New Toronto | Toronto

$3,499,000.00

Listed 3 months ago

  • 9 bed
  • 10 bath
  • 5000+ sqft
  • 8.0 parking
  • Multiplex

Instant Estimate

$3,131,710

-$367,290 compared to list price

  • Upper range

    $3,774,693

  • Mid range

    $3,131,710

  • Lower range

    $2,488,727

Property history

  • Now
    Listed on Jul 10, 2024

    Listed for $3,499,000.00

    89 days on market

Location & area

Schools nearby

Home Details

Description
Discover this incredible investment opportunity: a stunning 10-plex with 80% of the units fully professionally renovated. Located within walking distance to Humber College, this property is situated in a highly desirable area with a strong demand for rental apartments.The 10-plex is ideally positioned in a quiet neighbourhood, offering tenants a peaceful living environment while still being close to the vibrant life of the college campus. The proximity to Lake Ontario provides easy access to scenic views and outdoor activities, enhancing the appeal for prospective tenants.Each renovated unit boasts modern finishes, ensuring a comfortable and stylish living space. With high-quality materials and craftsmanship, the renovations have significantly increased the property's value and attractiveness. The remaining units offer potential for future upgrades, allowing for further value addition.Adding to the investment's appeal is the on-site coin laundry facility, providing extra income for the landlord. This convenient amenity is highly appreciated by tenants, further boosting the property's rental potential.Investors will appreciate the steady rental income potential, driven by the constant demand from students and professionals seeking convenient housing near the college. The property's location in a quiet neighbourhood with easy access to public transportation, shopping centres, and recreational facilities makes it an even more attractive option for renters.Don't miss out on this exceptional investment opportunity. Secure your future with this prime 10-plex near Humber College, where high demand and quality renovations promise a profitable venture.
Additional media
https://www.youtube.com/watch?v=a1xhPHCW4hc
Property taxes
$15,395.12 per year / $1,282.93 per month
Basement
Part Fin
Year build
31-50
Type
Multiplex
Bedrooms
9 + 5
Bathrooms
10
Parking spots
8.0 Total | 8.0 Garage
Floor
-
Balcony
-
Pool
None
External material
Brick
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Water
Fire place(s)
N

    Listing Brokerage

    MLS® Listing
    W9032629
    Brokerage
    IPRO REALTY LTD

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