Apartment for sale, 231 Melrose St, in Toronto, Canada

231 Melrose St, Etobicoke, ON M8Y 1B8, Canada, 231 Melrose St
Apartment • 39 room(s) • 15 bed. • 9 bath. • 464.52 m² • ref: 12753019
AUD 4,429,557
Don't Miss Out On The Incredible Opportunity To Own This Purpose-Built, Legal Multiplex, In A Prime Area Of South Etobicoke, Surrounded By Multi-Million Dollar Homes. The Solid Brick 9-Plex Consists Of 6 2-Bedroom, 2 1-Bedroom Units & A Studio Apartment, 15 Bedrooms In Total! Potential Gross Income Is Approximately $268,800.00, Which Makes This An Amazing Investment Opportunity. This Building Is Always Fully Rented And Offers A Fabulous Upside Potential On Tenant Turnover That Would Account For About 5.7% Of Return On The Investment Plus A Building Ownership! The Units Are Updated And Bright, Very Clean & Easy To Rent. Very Well Managed Building With Great Tenants, In A Perfect Location, Near GO Station, Amenities, The Lake And The Gardiner ExpressWay.

Spaces

Rooms39
Bedrooms15
Bathrooms9

Surfaces

Living464.52 m²

231 Melrose St, Toronto