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47
93 NORTHCLIFFE BOULEVARD
$2,489,000 Sale
Listed 3 hours ago
· 8
· 4.0
· 2
· 3500 - 5000
Key Facts
Key facts for 93 NORTHCLIFFE BOULEVARD
Property Type
Other, Other
Parking
Garage: Yes, 2 parking
MLS #
W12397266
Size
3500 - 5000 sqft
Basement
N/A
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
Gorgeous 100+ year old purpose built 4-unit multiplex in the heart of the prestigious Regal Heights Neighbourhood in Corso Italia. Offering over 4,000 sqft of living space plus a 2,000+ sqft basement. Each of the four spacious units ranges between 1,000-1,200 sqft and features 2 bedrooms, with every... tenant enjoying access to approximately 500 sqft of basement space. This fully tenanted property generates excellent income with a cap rate of approximately 4%, supported by current rents of $1,500, $2,600, $2,600, and $2,800, plus additional income from a double detached garage rented at $525/month each. Estimated annual expenses including taxes, heat, water, insurance, and grounds maintenance are just $30,000, making this a strong and reliable investment. NOI of $95,000 annually. Meticulously maintained by a private owner with true pride of ownership, this property has seen recent upgrades including a new roof, new windows, and an updated breaker electrical panel. Perfectly situated in vibrant Regal Heights, steps to all that St. Clair Ave W has to offer! Shops, restaurants, TTC transit (street car stop right across the street), and community amenities, this is a rare opportunity to own a turnkey, income-generating multiplex in one of Torontos most desirable and culturally rich neighbourhoods. (id:10452)
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Room Types
Bedroom
-
Dimensions 2.88 m x 3.97 m
123.07 sqft
Bedroom
-
Dimensions 3.99 m x 2.88 m
123.69 sqft
Bedroom 2
-
Dimensions 3.05 m x 3.25 m
106.7 sqft
Listing courtesy of: KELLER WILLIAMS REFERRED URBAN REALTY
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