555 Birchmount Road No longer available

Toronto, Clairlea-Birchmount, M1K 1P8

$3,099,000

Description

Listed by BOSLEY REAL ESTATE LTD..

4.6% CAP RATE! $2.27M ASSUMABLE MORTGAGE AT 2.19%! "$4400 PER MONTH CASH FLOW AFTER MORTGAGE AND EXPENSES!" 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! Gross Income: $167,967.56. 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: $167,967.56. Hydro/Gas/Water/Tax/Insurance: $25,640.81.

7 Hydro Meters. Close To All Ammenities I, cluding Shopping, Warden Station, Scarborough GO, Centennial College, Multiple Parks, And Great Schools. Easy To Manage Property With Great Tenants. See Virtual Tour Of Unit 302!

Location

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  • Address: 555 Birchmount Road
  • Neighborhood: Clairlea-Birchmount
  • City: Toronto
  • State: Ontario
  • Postal Code: M1K 1P8

Property Video

Property Details

  • Property ID: E9068059
  • Property Price: $3,099,000
  • Style: Multiplex, 2 1/2 Storey
  • Rooms: 30
  • Bedrooms: 9+2
  • Bath: 5
  • Parking Spaces: 7
  • A/C: Wall Unit
  • Basement: Apartment, Finished
  • Den: Y
  • Exterior: Brick, Stucco/Plaster
  • Heating: Radiant
  • Fireplace: N
  • Taxes: $9,547.30 (2023)
  • Lot: 140.17x74.27 (Feet)

Room details and dimensions

Statistics for similar Multiplex homes in Clairlea-Birchmount

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Multiplex homes in Clairlea-Birchmount

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Multiplex homes in Clairlea-Birchmount

Property History

This property has been sold 3 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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