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Value-Add Opportunity with Significant Rental Upside. Well-maintained 6-unit multifamily property located in Toronto’s Upper Beaches. The building comprises five two-bedroom units and one 1.5-bedroom unit. All units are separately metered for gas and hydro, and feature private entrances with either a balcony or backyard space. Additional features include coin-operated laundry and five tandem parking spaces. Owner-occupied unit will be delivered vacant on closing. Located along Kingston Road, the property offers excellent transit access and walkability to Woodbine Park, the Beaches, and a wide range of nearby amenities. Opportunity for approximately 50% rental upside, with potential to add units and improve operational efficiency. CMHC-insured financing options available for qualified buyers. (id:58919)
MLS® Number | 40741660 |
Property Type | Multi-family |
Amenities Near By | Public Transit |
Community Features | High Traffic Area |
Features | Laundry- Coin Operated |
Parking Space Total | 5 |
Bathroom Total | 6 |
Bedrooms Total | 11 |
Basement Development | Finished |
Basement Type | Full (finished) |
Cooling Type | None |
Exterior Finish | Brick |
Foundation Type | Block |
Heating Type | Radiant Heat |
Stories Total | 2 |
Size Interior | 5148 Sqft |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Public Transit |
Sewer | Municipal Sewage System |
Size Depth | 85 Ft |
Size Frontage | 54 Ft |
Size Total Text | Under 1/2 Acre |
Zoning Description | R(d0.6*771), R(d1*683) |
https://www.realtor.ca/real-estate/28474152/527-kingston-road-toronto