344 Hopewell Ave, Toronto, Ontario M6E 2S2

  • $1,199,900
344 Hopewell Ave, Toronto, Ontario M6E 2S2
Active
344 Hopewell Ave, Toronto, Ontario M6E 2S2
  • $1,199,900

Overview

Property ID: W7213460
  • Commercial Sale, Business
  • Property Type
  • 3692
  • Sqft

Description

FOUR UNITS. 5% cap rate! incredible investment! 3 Kitchens and baths have been renovated. New tile floors, new hardwood, new cupboards, new appliances. Close to Eglinton LRT, shops, and Highways. Roof 2018, Furnace 2022, easy to manage and maintain. NO VTB. NO VACANT POSSESSION, tenants to be assumed. Triplex converted to four units. MAIN FLOOR; three bedrooms with TWO baths. SECOND FLOOR Three Bedrooms with TWO baths, BASEMENT; TWO x bachelor. Laundry room in basement. Four Meters. Landlord pays utilities and hydro. Easy to manage and maintain. Possibility of adding a laneway house (see Lanescape report attached). Gross (estimated) $80,400 Net (Estimated) $62,000. Ideal for investor or owner occupier. Circa 1957. Total 3100 square feet (as per floorplans). Mutual Drive with two car garage in the rear. ONE YEAR FREE Management services, as LA for details.

  • Address 344 Hopewell Ave
  • City Toronto
  • State/county Ontario
  • Zip/Postal Code M6E 2S2
  • Area Briar Hill-Belgravia

Details

Updated on February 26, 2024 at 11:48 am
  • Property ID: W7213460
  • Price: $1,199,900
  • Property Size: 3692 Sqft
  • Garage Size: x x
  • Property Type: Commercial Sale, Business
  • Property Status: Active
  • MLS#: W7213460

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