28A Third Street For Sale

Toronto, New Toronto, M8V 2X6

$3,195,000

Description

Listed by BRAD J. LAMB REALTY 2016 INC..

2.91% assumable mortgage due June 2030 with an extremely low monthly payment of only $7,988! This turn key six-plex contains 5-two Bedroom units and 1-bachelor unit. Building and units were fully renovated in 2019, down to the studs. All units fully renovated throughout with quality, long lasting finishes including new kitchen, bathrooms, radiators, floors, appliances, in-wall AC units and in-suite washer/dryer. The building has new electrical & plumbing throughout, furnace, on-demand hot water, FOB entry and security cameras. Essentially a no maintenance building. All units fully tenanted, at market rent. A once in a lifetime opportunity to go back in time and buy with low rates. Individual hydro meters. 5 car parking. $500,000 of interest rate savings over the remaining term of the mortgage (5 years) using todays rates.

Mortgage of $2,100,000 at 2.91% monthly payments of $7,988 due June 1st, 2030. Original amortization of 40 years. Total sq. ft. of 3,648 as per floor plans includes. All units are renovated the same as the unit in the photos.

Location

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  • Address: 28A Third Street
  • Neighborhood: New Toronto
  • City: Toronto
  • State: Ontario
  • Postal Code: M8V 2X6

Property Details

  • Property ID: W10422788
  • Property Price: $3,195,000
  • Style: Investment, Apartment
  • A/C: Y
  • Heating: Water Radiators
  • Taxes: $6,903.00 (2024)
  • Lot: 57.00x50.00 (Feet)
  • Heat Incl.: 4674
  • Hydro Incl.: 867

Property History

This property has been sold 11 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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