Updated Multi-Unit Property in East Toronto with Strong Passive Income Potential

This updated multi-unit property in East Toronto offers an exceptional investment opportunity with a 4.37% cap rate. It features multiple well-maintained units, generating consistent rental income from A+ tenants. Perfect for investors looking to add a solid income-generating property to their portfolio.

The property includes a spacious 2-bedroom unit on the main floor, complete with a renovated kitchen, plenty of counter space, and clever hotplates. The unit also has access to a south-facing backyard, filled with natural light. The basement has a sun-filled bachelor suite with a brand-new walk-out, separate entrance, and upgraded foundation. It’s an ideal setup for additional rental income or a private living space.

On the second and third floors, you’ll find two bright one-bedroom units, each featuring large windows that fill the rooms with natural light. The third-floor unit has a loft-like feel, with a small balcony offering unobstructed views of the surrounding area. These units are perfect for tenants who appreciate spacious layouts and a comfortable living environment.

A key highlight of this updated multi-unit property is the solid double-car garage, which offers laneway housing potential—ideal for future development or additional rental income. The property also includes a secure common entrance, laundry facilities, and bike storage, making it convenient for tenants.

Located just steps from public transit and the subway, this property offers unbeatable accessibility to downtown and surrounding areas. With its high-quality upgrades, strong rental history, and fantastic location, this updated multi-unit property presents a rare chance to own a high-performing asset in East Toronto.

Don’t miss out on this exceptional investment opportunity. Contact us today to schedule a viewing and learn more!