This is a fantastic investment opportunity to own an MPAC-registered fourplex that combines immediate income potential with future upside. This solid brick property, complete with a double car garage, has been well cared for over the years by dedicated owners and is now ready for its next chapter. Each unit is thoughtfully designed with its own kitchen, bathroom, and bedroom, while the spacious primary suite offers two bedrooms for added flexibility. The largest unit is currently vacant, presenting a rare chance for an owner-occupier to live comfortably while generating rental income from the remaining units. In addition to its strong existing cash flow, the property offers exciting potential for further expansion with the possibility of adding a garden suite, making it an even more attractive long-term investment. (id:61852)
| MLS® Number | E12977512 |
| Property Type | Multi-family |
| Community Name | Danforth Village-East York |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
| Appliances | Dryer, Washer |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 1500 Sqft |
| SizeInterior | 1500 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 130 Ft |
| SizeFrontage | 30 Ft |
| SizeIrregular | Bldg=30 X 130 Ft |
| SizeTotalText | Bldg=30 X 130 Ft |
| ZoningDescription | Multi Plex Residential |
Contact us for more information
Candace Kaszas
Broker of Record