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Goldy Kang PREC*

goldy@goldykang.com +1(604) 440-0112

$ 2,489,000

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93 NORTHCLIFFE BOULEVARD Toronto (corso Italia-davenport), ON M6H3H3

8 Beds

4 Baths

3,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,500 sqft

Price per Sqft $711

Subdivision Corso Italia-Davenport

MLS® Listing ID W12397266

Bedrooms 8

Source Toronto Regional Real Estate Board

Property Description

Gorgeous 100+ year old purpose built 4-unit multiplex in the heart of the prestigious Regal Heights Neighbourhood in Corso Italia. Offering over 4,000 sqft of living space plus a 2,000+ sqft basement. Each of the four spacious units ranges between 1,000-1,200 sqft and features 2 bedrooms, with every tenant enjoying access to approximately 500 sqft of basement space. This fully tenanted property generates excellent income with a cap rate of approximately 4%, supported by current rents of $1,500, $2,600, $2,600, and $2,800, plus additional income from a double detached garage rented at $525/month each. Estimated annual expenses including taxes, heat, water, insurance, and grounds maintenance are just $30,000, making this a strong and reliable investment. NOI of $95,000 annually. Meticulously maintained by a private owner with true pride of ownership, this property has seen recent upgrades including a new roof, new windows, and an updated breaker electrical panel. Perfectly situated in vibrant Regal Heights, steps to all that St. Clair Ave W has to offer! Shops, restaurants, TTC transit (street car stop right across the street), and community amenities, this is a rare opportunity to own a turnkey, income-generating multiplex in one of Torontos most desirable and culturally rich neighbourhoods. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 3.96 m X 2.93 m Dining room

Extra Room 2 Second level 3.49 m X 2.14 m Kitchen

Extra Room 3 Second level 3.99 m X 2.88 m Bedroom

Extra Room 4 Second level 3.29 m X 3.03 m Bedroom 2

Extra Room 5 Second level 3.96 m X 3.96 m Living room

Extra Room 6 Main level 3.97 m X 5.17 m Kitchen

Interior

Heating Hot water radiator heat

Cooling Window air conditioner

Flooring Hardwood, Laminate

Exterior

Parking Features Yes

Community Features Community Centre

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Virtual Tour https://westbluemedia.com/0925/93northcliffe_.html

Listed by KELLER WILLIAMS REFERRED URBAN REALTY

Goldy Kang PREC*

Broker | License ID: 166131RTS

+1(604) 440-0112

Goldy Kang PREC*

93 NORTHCLIFFE BOULEVARD Toronto (corso Italia-davenport), ON M6H3H3

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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93 NORTHCLIFFE BOULEVARD