Discover a rare investment opportunity at 345 The East Mall, Etobicoke. This low-maintenance, fully rented townhouse complex features 34 units, all with 3 bedrooms, full basements (some are finished), and individual meters. Spanning 2 acres of prime land adjacent to Highway 427, this property offers easy access to major highways, transit, and key amenities like Sherway Gardens and Pearson Airport. With zero vacancies and a significant 78% upside in rental income, this property is perfect for investors seeking stable returns and exceptional growth potential in a high-demand area. **** EXTRAS **** 34 units, 3-bedroom with basements, 56 parking spots, 2 acres, and individually metered utilities. Surrounded by high-rises and prime amenities. Low maintenance with a history of 100% occupancy and substantial rental growth opportunity. (id:61015)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | W11946597 |
Property Type | Multi-family |
Neigbourhood | Eatonville |
Community Name | Islington-City Centre West |
Parking Space Total | 56 |
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Size Interior | 1.95 Acres |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Size Frontage | 522.0000 |
Size Irregular | Unit=522 X 155 Acre |
Size Total Text | Unit=522 X 155 Acre |
Zoning Description | Residential-multiple |
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Owning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman