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 |
| List Price |
$3,099,000 |
| Property Type |
Free |
| Type of Dwelling |
Multiplex |
| Style of Home |
2 1/2 Storey |
| Area |
Toronto E04 |
| Sub-Area |
Clairlea-Birchmount |
| Bedrooms |
9 + 2 |
| Bathrooms |
5 |
| MLS® Number |
E9068059 |
| Listing Brokerage |
BOSLEY REAL ESTATE LTD.
|
| Postal Code |
M1K 1P8 |
| Tax Amount |
$9,547 |
| Tax Year |
2023 |
