18 THIRTY THIRD STREET , Toronto Ontario M8W3G9

Sale $3,685,000  | 
Listing # W12267238
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Office Listing:

Dario Zecevic, Sales Representative  |  Mara Zecevic, Sales Representative

Frank Pegolo

Frank Pegolo

Sales Representative

Phone: 416.487.4311
Mobile: 416.402.4665

frank@frankpegolo.com
http://www.frankpegolo.com

Royal LePage Real Estate Services Ltd., Brokerage

Brokerage

103 - 4025 YONGE STREET
Toronto,  ON M2P2E3

Remarks:

Opportunity of a lifetime to own this Fully Renovated from Top to Bottom Multiplex in one of the most high demand areas of Long Branch, Etobicoke, Toronto, steps to the lake. Situated on a massive 70 ft. x 146 ft. lot facing East. Surrounded by Multi Million dollar homes and sprawling condo and town home developments. This 6-unit Multiplex has FIVE 2-Bedroom Apartments and ONE 1-Bedroom Apartment. All Vacant and ready to put your perfect tenant inside! Private electronic gated 10 spot parking! Tenant Green Space in front and back, great curb appeal with brick exterior, walking distance to Junior and High Schools, Lake Ontario, Parks, TTC, Gardiner Expressway, close to Long Branch GO Train. Units will rent in a heartbeat! All units fully renovated, sound proofed, with brand new Air Conditioners installed, and all units have IN-SUITE Laundry! 4 Units with Balconies. Front and Back door entry/exit. Separate Superintendent/Property manager management office, shower, kitchenette, security system on site! These 11 Bedrooms have a potential of making a conservative $220,000 in Gross Annual Income, amazing Investment Opportunity easily rented and very low tenant turnover in a high demand area. Buy now and get a foothold in the area, and reap the benefits of the investment and then tear down and build 2 multi million dollar homes down the road, or do nothing and relax as the entire multiplex has been renovated and is ready to earn you considerable return! Possibility to build additional Lane way/Garden Suite property on site for even more rental income. **EXTRAS** 4 Balconies, Gated Electronic Parking For 10 Cars, 6 Sep Hydro Meters, In-Suite Laundry In Every Unit, Superintendent/Prop Mgmt Office/Shower& Kitchen, Sec Sys, New 2024 Boiler Owned, Aluminum Window, Roof 8 Years Old, Brand New A/C In Every Unit. (id:27)

Investment

Neighbourhood: Long Branch
Lot Frontage: 70.5 Feet
Lot Depth: 146.5 Feet
Lot Size: 70.5 x 146.5 FT
No. of Parking Spaces: 10
Floor Space (approx): 3500 - 5000 Square Feet
Bedrooms: 8+3
Bathrooms (Total): 13
Bathrooms (Partial): 5
Zoning: RM(u4*2)

Property Features:

Amenities Nearby: Public Transit , Schools
Community Features: Community Centre
Features: Carpet Free
Fence Type: Fenced yard
Parking Type: No Garage
Property Type: Multi-family
Sewer: Sanitary sewer

Building Features:

Amenities: Separate Hydro Meters
Appliances: Intercom , [] , Window Coverings
Basement Development: Finished
Basement Type: Full
Building Type: Other
Cooling Type: Central air conditioning
Exterior Finish: Brick
Fire Protection: Security system , Smoke Detectors
Foundation Type: Poured Concrete
Heating Fuel: Natural gas
Heating Type: Forced air