93 Northcliffe Boulevard Toronto, Ontario M6H 3H3
$2,489,000
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:61852)
Property Details
| MLS® Number | W12397266 |
| Property Type | Multi-family |
| Neigbourhood | Corso Italia-Davenport |
| Community Name | Corso Italia-Davenport |
| AmenitiesNearBy | Park, Place Of Worship, Public Transit, Schools |
| CommunityFeatures | Community Centre |
| ParkingSpaceTotal | 2 |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 8 |
| BedroomsTotal | 8 |
| Age | 100+ Years |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| BasementFeatures | Apartment In Basement |
| BasementType | N/a |
| CoolingType | Window Air Conditioner |
| ExteriorFinish | Brick |
| FlooringType | Hardwood, Laminate |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| StoriesTotal | 2 |
| SizeInterior | 3500 - 5000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| LandAmenities | Park, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 120 Ft |
| SizeFrontage | 40 Ft |
| SizeIrregular | 40 X 120 Ft |
| SizeTotalText | 40 X 120 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Dining Room | 3.96 m | 2.93 m | 3.96 m x 2.93 m |
| Second Level | Kitchen | 3.49 m | 2.14 m | 3.49 m x 2.14 m |
| Second Level | Bedroom | 3.99 m | 2.88 m | 3.99 m x 2.88 m |
| Second Level | Bedroom 2 | 3.29 m | 3.03 m | 3.29 m x 3.03 m |
| Second Level | Living Room | 3.96 m | 3.96 m | 3.96 m x 3.96 m |
| Main Level | Kitchen | 3.97 m | 5.17 m | 3.97 m x 5.17 m |
| Main Level | Living Room | 3.96 m | 3.87 m | 3.96 m x 3.87 m |
| Main Level | Bedroom | 2.88 m | 3.97 m | 2.88 m x 3.97 m |
| Main Level | Bedroom 2 | 3.05 m | 3.25 m | 3.05 m x 3.25 m |
| Main Level | Living Room | 3.89 m | 3.97 m | 3.89 m x 3.97 m |
| Main Level | Dining Room | 2.94 m | 3.95 m | 2.94 m x 3.95 m |
| Main Level | Kitchen | 3.94 m | 2.13 m | 3.94 m x 2.13 m |
| Main Level | Bedroom | 3.99 m | 3.48 m | 3.99 m x 3.48 m |
| Main Level | Bedroom 2 | 3.3 m | 3.05 m | 3.3 m x 3.05 m |
Interested?
Contact us for more information
Daniel Perri
Salesperson
156 Duncan Mill Rd Unit 1
Toronto, Ontario M3B 3N2
Fernando Perri
Broker
156 Duncan Mill Rd Unit 1
Toronto, Ontario M3B 3N2
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September 11 2025 06:13:45
Toronto Real Estate Board
Keller Williams Referred Urban Realty