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555 Birchmount Rd Toronto, Ontario M1K 1P8

5250 sqft
Fully Air Conditioned

$3,149,000

Welcome To 555 Birchmount Rd, A Boutique 6-Plex Multi-Residential Building With Fully Renovated And Fully Tenanted Units At Market Rent In Desirable Clairlea-Birchmount! Incredible Investment Opportunity With An Assumable Mortgage At 2.19% Until December 2026! Over $163k In Gross Income! Each Unit Has Been Meticulously Restored With All New Fixtures And Stainless Steel Appliances, Quartz Countertops, Refinished Hardwood Floors, And Air Conditioning. Five 2 Bedroom Units, And One 1 Bedroom Unit, All With Contemporary Finishes And Generous Floor Plans, In Addition To 7 Parking Spaces. Many Updates Including a Multi-Camera Security System, New NTI Commercial Tankless Hot Water System, New A.O. Smith Commercial Hot Water Tank, New Commercial Maytag Coin Operated Laundry Machines, Many New Windows, New Doors, Mini-Split Air Conditioners, Stucco Exterior, And More! Don't Miss This Opportunity To Own A Well Maintained, Well Capitalized, And Easy To Manage Investment Property. Gross Income: $163,452.56. Hydro/Gas/Water/Tax/Insurance: $25,640.81. **** EXTRAS **** 7 Hydro Meters. Close To All Amenities Including Shopping, Warden Station, Scarborough GO, Centennial College, Multiples Parks And Great Schools. Easy To Manage Property With Great Tenants. See Virtual Tour Of Unit 302! (id:27910)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number E8087036
Property Type Multi-family
Community Name Clairlea-Birchmount

Building

Cooling Type Fully Air Conditioned
Size Interior 5250 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Irregular 74.27 X 140.14 Ft
Size Total Text 74.27 X 140.14 Ft