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Investment Opportunity

Apts-2 To 5 Units

Briar Hill-Belgravia, Toronto M6E 2S2

$1,199,900

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Total Area: 3,692 Sq Ft
Type/Use: Apartment - Investment - Apts-2 To 5 Units
Location: 344 Hopewell Ave, Toronto M6E 2S2
Community: Briar Hill-Belgravia
Work with the Business Real Estate Team to get a great deal on this Commercial Property. Call or Text 416-436-8256.
Cross Street: Dufferin & Eglinton
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.
Extras: NO VTB, NO VACANT POSSESSION. NO SURVEY AVAILABLE.
Maintenance Fees: $1500.00
Taxes: $4690.57 / 2023
Possession Remarks: tba
Zoning: residential
Days On Market:
List Updated 2024-02-18
MLS# W7213460
Courtesy: Harvey Kalles Real Estate Ltd.
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344 Hopewell Ave, Toronto

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