Toronto, Playter Estates-Danforth, M4K 1S8
$2,500,000
Listed by ROYAL LEPAGE ESTATE REALTY.
Incredible Investment Opportunity. Two Purpose Built Semi-Detached Triplexes with Separate Legal Titles. Gross Income approximately $128,400, net income before maintenance & snow removal $111,270. 4.5% Cap Rate. Highly sought Danforth Area in Jackman school district. Steps to Broadview Subway and Streetcars, LCBO, Shoppers, No Frills, Restaurants. Easy fast access to DVP. 6 parking spots accessed via laneway. 5 of 6 units extensively renovated in 2015 and 2016 with contemporary finishes including hardwood floors, tiles, LED pots and light fixtures, S/S appliances, S/S kitchen sinks with stylish faucet & bath fixtures. Interconnected Smoke Detectors. 200 Amp Service in each semi-detached triplex, with subpanels in each unit. The roof was re-shingled in 2017. New windows and doors installed in 2015 & 2016. Landscaped front with stone staircase and walkway. Each unit has front and back entry / exit.
Bathroom mirrors and medicine cabinets, where installed.
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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.
This property has been sold 1 time before. To view this property's sale price history please sign in or register: