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E7009088
$1,999,000

46 Elmer Ave (Queen E And Woodbine)

Price: $1,999,000

Status: For Sale 

MLS®#: E7009088

$1,999,000
  • Tax: $6,515/Annual (2022)
  • Community:The Beaches
  • City:Toronto
  • Type:Commercial
  • Style:Investment
  • Size: 2,600 Sq Ft
  • Basement:Y
  • Age:100+ Years Old

Features:

  • HeatingGas Hot Water
  • Sewer/Water SystemsMunicipal

Listing Contracted With: KELLER WILLIAMS ADVANTAGE REALTY

Description

Rarely Offered Investment Opportunity In The Beach With Solid Financials, And A Cap Rate Of 4.2+. Recently Renovated, Exceptionally Well-Maintained, Energy-Efficient Legal 4-Plex. The Location Can't Be Beat - Just A Few Houses North Of Queen Street, And Within Minutes Of Terrific Shopping, Dining, Schools, And Of Course The Boardwalk And All The Lakefront Has To Offer. Don't Miss Your Chance To Make This Property Your Next Investment.


Highlights

High Efficiency On-Demand Boiler. Each Unit Has It's Own Washer/Dryer And Hydro Panel. 200Amp Service With Separate 60Amp Panels. Underpinned Basement With Radiant Floor Heat. Turn-Key Investment With Low Operating Costs.

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Michael De Luca

Real Estate Broker | REALTOR®️

Royal LePage Signature Realty

Web4Realty

Real Estate Websites by Web4Realty

https://web4realty.com/