48 Emerald cres Islington/Lakeshore (Toronto, Ontario, CA - M8V2B6) Built

$2,999,900

RE/MAX Premier Inc.

Mariana Ivanova Mariana Ivanova 416-743-2000 (Office) 647-833-2576 (Cell) 416-401-8499 (Fax) Request More Info

  • Type: Residential
  • Style: Multiplex
  • Bathrooms: 6
  • Garage: 8-Stalls "8 Parking spaces"
  • Development Level: Built
  • Year Built: 1937
  • Basement: Yes, Walkout

Description

Very Well Maintained Six-Plex In Excellent Location One Block North of Lake Ontario. Great Tenants & Very Rare Vacancy. Rental Income $124,573 Plus Laundry $2,264. Total Income $127,213. Net Income Is $101,651. Potential Income $140,040 Plus Laundry $2,264. Total Income $142,680. Net Income Is $117,118. Five 2-Bdrm Units & One 1-Bdrm Unit All Fully Rented. Two driveways to a private parking lot. Total of 8 parking spaces: 6 included in rent, with 2 additional spaces $75 each per month. Total of 2 Storage Sheds: one for Bicycles & off-season Tires, one for additional rent of $100 per month. Each unit on its own Hydro Meter. LED lighting in all exterior and interior common areas controlled by photocell & motion detectors. Irrigation System for the front lawn and flowerbeds.
6 Stoves, 6 Fridges. Laundry Room with Humidity Sensor control and 4 Commercial-grade Washers & Dryers. 2 Hot Water Tanks. New Boiler. Great Opportunity To Invest! Quiet neighborhood with amenities within walking distance; Public pool, Tennis courts, Skating rinks and Cycling paths along Martin Goodman Trail

Attachments

P2#436659172
top
Information is deemed to be correct but not guaranteed.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.