555 BIRCHMOUNT ROAD, Toronto, Ontario, CA

Address: 555 BIRCHMOUNT ROAD, Toronto, Ontario

11 Beds5 Baths0 sqftStatus: Buy
Price $3,099,000

Property Overview


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. **** EXTRAS **** 7 Hydro Meters. Close To All Ammenities I, cluding Shopping, Warden Station, Scarborough GO, Centennial College, Multiple Parks, And Great Schools. Easy To Manage Property With Great Tenants. See Virtual Tour Of Unit 302! (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Other
Storeys
2.5
Community Name
Clairlea-Birchmount
Land Size
74.27 x 140.17 FT
Building
Bedrooms
Above Grade
9
Below Grade
2
Bathrooms
Total
11
Interior Features
Basement Features
Apartment in basement
Basement Type
N/A (Finished)
Building Features
Foundation Type
Concrete
Heating & Cooling
Cooling
Wall unit
Heating Type
Radiant heat
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Stucco
Parking
Total Parking Spaces
7
Level Rooms Dimensions
Second level Living room 4.54 m x 6.98 m
Bedroom 3.73 m x 3.33 m
Bedroom 2 3.12 m x 3.33 m
Bathroom 3.12 m x 3.33 m
Basement Bedroom 2 3.12 m x 3.33 m
Bathroom 2.18 m x 2.1 m
Living room 4.54 m x 6.98 m
Bedroom 3.73 m x 3.33 m
Main level Living room 4.54 m x 6.98 m
Bedroom 3.73 m x 3.33 m
Bedroom 2 3.12 m x 3.33 m
Bathroom 2.18 m x 2.1 m

Features
           Apartment in basement            Wall unit
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Your Home Finance Calculation

Property Price CA $3,099,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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