Incredible turn key investment opportunity with strong CAP rate in convenient North York Downsview neighbourhood, just a short distance from Humber River Hospital, public transit, 401 access and Sheridan Mall. Legal 4 Plex with city approval. Top two apartments offer generous 3 bedroom $1815+hydro and 3 bedroom + den $1775+hydro (both long term tenants under market rent) both with private 17.5 ft wide balconies. 2 - 1 bedroom units $1900+hydro and $1450 including hydro. 3 storage lockers and shared coin operated laundry in basement. Large backyard common area. 4 hydro meters, tankless owned water heater, 6 parking spots. Building has been updated throughout. Excellent, long term AAA Tenants. Don't miss out on this rarely offered investment. (id:4069)
Address
1364 WILSON Avenue
List Price
$1,599,000
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Toronto
Bedrooms
9
Bathrooms
4
Floor Area
3,750 Sq. Ft.
Frontage Length
31 ft
Year Built
1959
MLS® Number
40844722
Listing Brokerage
Royal LePage State Realty Inc.
Basement Area
Full (Finished)
Postal Code
M3M1H8
Zoning
RM(F21;A835;D1)
Ownership
Freehold
Parking Places (Total)
6
Site Influences
Hospital, Park, Place of Worship, Public Transit, Schools, Shopping
Features
Southern exposure, Paved driveway
Community Features
High Traffic Area
Appliances
Microwave
Heat Type
Baseboard heaters
Cooling Features
Wall unit
Number Of Floors In Building
2
Water Source
Municipal water
Access To Property
Road access, Highway access
Sewer
Municipal sewage system
