Discover a rare gem in Toronto's real estate landscape: a meticulously maintained 3-storey multiplex featuring 11 self-contained, 2-bedroom units, each approximately 750 sq ft. This solid brick building offers a blend of modern upgrades and reliable income potential, making it an ideal addition to any investor's portfolio. Each apartment boasts a renovated 4-piece bathroom, with 8 units featuring updated kitchens adorned with quartz countertops and luxury laminate flooring. Five units have been completely gutted and remodelled to meet contemporary standards. The electrical panel was upgraded to breakers five years ago, and LED lighting has been installed throughout. The commercial-grade blue-skin flat roof, installed eight years ago, offers durability with an expected lifespan of 40 years. Tenants benefit from separately metered hydro accounts, on-site coin-operated laundry facilities, individual lockers, and dedicated parking spaces. Security is enhanced with six fixed cameras and an intercom system, ensuring peace of mind for residents. Situated in a vibrant Toronto neighbourhood, 41 Wasdale Avenue is just an 11-minute bus ride to Yorkdale Station, providing seamless access to the Yonge-University subway line. This prime location ensures tenants can easily navigate the city, with downtown Toronto reachable in approximately 27 minutes via public transit.
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
3-Storey
Approx. Age:
51-99
Total Approx Floor Area:
5000 +
Depth:
149'3"45.5 m
Frontage:
67'4½"20.5 m
Direction Faces:
South
Bedrooms:
22+11
Bathrooms:
11.0
Water supply:
Municipal
Kitchens:
11
Bedrooms Above Grade:
22
Bedrooms Below Grade:
11
Kitchens Above Grade:
11
Rooms Above Grade:
56
Rooms Below Grade:
22
Heating type:
Water
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Flat
Basement:
None
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
5.0
Parking Spaces:
10
Total Parking Spaces:
15.0
Family Room:
No
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment Year:
2024
Taxes:
$20,700 /
2025
Assessment:
$- /
2024
Toronto C04
Englemount-Lawrence
Toronto
Carpet Free, Intercom, Separate Hydro Meter, Water Heater
Lease to own water heater and boiler system 4 years old
Two washers, two dryers, separate hydro meters, security cameras and an intercom system.
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