Renovated Turnkey Apartment Buildings At Birchmount Rd., Scarborough, Toronto, Ontario Toronto ON CA

CAD 10,400,000
For Sale

Property Details

Bedrooms

2

Bathrooms

2

Neighborhood

Woburn

Property Type

MultiFamily

Description

23-Units Apatment building Located in Scarborough, Ontario, at the nearest major intersection of Birchmount Rd and\rLawrence Ave E. The property boasts easy access to shopping, transportation, and Scarborough Health Network.\rScarborough Town Centre is a short drive from the property and features over 250 stores across 1.3 million square\rfeet. The property is a short distance to Ellesemere and Lawrence East TTC stations, as well as Highway 401, enabling\rtransportation across the city. Scarborough Health Network is a major employer in the region and is less than a\r10-minute drive from the property\r\rAll units are renovated to condo standards with in-suite laundry, air conditioning, stainless steel appliances and dishwashers\r- Over 4% cap rate on asking price\r- Short drive to Scarborough Town Centre\r\rProperty Highlights\r- New roof and windows\r- All units are fully renovated (in-suite laundry, air\rconditioning, stainless appliances with microwave\rand dishwasher)\r- Common areas are fully renovated\r- Fully re-paved parking lot\r- All tenants pay their own hydro\r\rNET PROFIT: $409,607 Find out more about this property. Request details here

Location

Address

Scarborough, Toronto, Ontario, Canada

City

Toronto

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