555 Birchmount Rd, Toronto, Ontario M1K 1P8

  • $3,099,000
555 Birchmount Rd, Toronto, Ontario M1K 1P8
Active
555 Birchmount Rd, Toronto, Ontario M1K 1P8
  • $3,099,000

Overview

Property ID: E9068752
  • Commercial Sale, Business
  • Property Type
  • 5250
  • Sqft

Description

4.6% CAP RATE! $2.27M ASSUMABLE MORTGAGE AT 2.19%! $4400 PER MONTH CASH FLOW AFTER MORTGAGE AND EXPENSES! Welcome To 555 Birchmount Rd, A Boutique 6-Plex Multi-Residential Building With Fully Renovated And Fully Tenanted Units At Market Rent In Desirable Clairlea-Birchmount! Incredible Investment Opportunity With An Assumable Mortgage At 2.19% Until December 2026! Gross Income: $167,967.56. Each Unit Has Been Meticulously Restored With All New Fixtures And Stainless Steel Appliances, Quartz Countertops, Refinished Hardwood Floors, And Air Conditioning. Five 2 Bedroom Units, And One 1 Bedroom Unit, All With Contemporary Finishes And Generous Floor Plans, In Addition To 7 Parking Spaces. Many Updates Including a Multi-Camera Security System, New NTI Commercial Tankless Hot Water System, New A.O. Smith Commercial Hot Water Tank, New Commercial Maytag Coin Operated Laundry Machines, Many New Windows, New Doors, Mini-Split Air Conditioners, Stucco Exterior, And More! Don’t Miss This Opportunity To Own A Well Maintained, Well Capitalized, And Easy To Manage Investment Property. Gross Income: $167,967.56. Hydro/Gas/Water/Tax/Insurance: $25,640.81.

  • Address 555 Birchmount Rd
  • City Toronto
  • State/county Ontario
  • Zip/Postal Code M1K 1P8
  • Area Clairlea-Birchmount

Details

Updated on July 26, 2024 at 10:55 am
  • Property ID: E9068752
  • Price: $3,099,000
  • Property Size: 5250 Sqft
  • Garage Size: x x
  • Property Type: Commercial Sale, Business
  • Property Status: Active
  • MLS#: E9068752

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