Who’s looking for a purpose-built multi-unit by the subway in Toronto?
Who wants to go back in time and buy NOW for less than 2019 prices? Walk to the subway from this triplex in the highly desirable North York neighborhood of Willowdale. Great opportunity for owner-occupant to move into one unit and rent two others. Or an investor to use as a triplex, of course! (One unit is already vacant, two units are month-to-month.)
SUMMARY:
– LOCATION: North York, ON (Willowdale Ave & Finch Ave)
– PURCHASE PRICE: $1,459,000 Or Best Offer
– AFTER REPAIR VALUE: Compare with a similar triplex that sold for over $1.5M in 2019. And one that sold for $1.88 in 2022.
– CLOSING: April 28, 2022 (This is an assignment sale.)
– TYPE: Semi Detached Triplex
– BEDS/BATHS: 2 Beds/1 Bath in each unit (6 Beds/3 Baths Total)
– PARKING: 3+ spaces plus detached garage
– BASEMENT: Shared Laundry
– SQFT: Over 3000 sq. ft. including basement
– LOT: 43′ x 124′
– AGE: 1960
– RENTAL INCOME: Unit 1: $1292/month plus hydro (under market rent). Unit 2: $1655/month plus hydro (around market rent). Unit 3: Vacant.
– PROPERTY TAX: $7032/year
RENOVATIONS NEEDED:
– This is an older building and it’s time for an overhaul (e.g. electrical, plumbing, windows, cosmetic renos)
– Some junk and furniture removal.
– Please view the pictures and videos for ideas on what you’d like to renovate.
GOOD NEWS:
– Location, location, location! Willowdale.
– 14 min walk to Yonge & Finch station. But we bet you can walk it in 12!
– Separate electrical meters.
– New roof 4 years ago
– Boiler with rads changed in 2014
Please let us know if you want to view it or if you want us to email you the info package. (Comparable sales, MPAC info, and more…)
Thank you,
Aaron Moore, Tomomi Wang & Josea Paul
647-557-5979
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
PS. PUSH HERE to get notified about these discounted deals as soon as they become available. Sometimes these deals go fast, so you don’t want to miss them.