$2,400,000
About this Multiplex
6.29% Cap rate. Massive Parkdale Mansion. Over 5000 Sq Ft. updated Units .Gross Income over $185,000.Great Tenants. Steel Roof With Lifetime Warranty. Newer Boiler With Indirect Hot Water Tank.. Very Well Maintained. Easy To Rent. Stable rental income today with strong appreciation and rent growth potential tomorrow.South Parkdale is one of Torontos most desirable multifamily investment areasoffering strong tenant demand, low vacancy, and steady cash flow today, with clear upside in rent growth as the neighbourhood continues to gentrify. Steps to downtown, transit, and the waterfront, properties here combine stability with long-term appreciation potential.
Listed by RE/MAX WEST REALTY INC..
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Brampton Real Estate Board, Durham Region Association of REALTORS®, Mississauga Real Estate Board, The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board which assumes no responsibility for its accuracy.
Features
- MLS®: W12398027
- Type: Multiplex
- Bedrooms: 9
- Bathrooms: 8
- Square Feet: 3,500 sqft
- Lot Size: 5,202 sqft
- Frontage: 34.00 ft
- Depth: 153.00 ft
- Taxes: $12,585.71 (2025)
- Parking: 6 Parking(s)
- Basement: Apartment, Separate Entrance
- Style: 3-Storey
