Toronto, Long Branch, M8W 3K4
$2,288,000
Listed by INTERNATIONAL REALTY FIRM, INC..
Imagine the Endless Possibilities! One-of-a-kind, rare, fully customized fourplex investment property. The epitome of executive living while having massive income potential. Live in one of the spacious larger units fit for a family for a stress-free lifestyle while the other 3 units pay off your mortgage. Or, rent the entire property as a 4-unit apartment building, all stunningly renovated to the highest degree, with no expense spared. A true modern & elegant design with breathtaking finishes throughout. All washrooms have heated floors. Resilient channel system for incredible soundproofing. Parking for up to 6 vehicles. Designer finishes throughout with stainless appliances, hardwood floors, high-end fixtures & stunning bathrooms. The main level consists of a gorgeous 3-bed, 2-bath unit. The 2nd floor is an absolutely stunning 2-bed, 2-bath unit with a penthouse vibe and soaring high ceilings (can easily be converted back to a 3-bed unit). The lower level consists of 2 units: an amazing 1-bed, 1-bath space and a gorgeous 1-bed + den (can function as a two-bed). Tucked away on an incredible street with many multi-million dollar homes in South Etobicoke and sitting on a massive 50-foot lot. This is truly a rare find 4 units within walking distance of Long Branch GO Station and Lake Ontario.
New Roof Shingles. Sewer Back Valve, Shared washer/dryer. 200 amp service. Basement with radiant floor heat. Turn-key investment with low operating costs. Currently operating at a true 4.7% cap rate (with lots of upside).
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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.
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.