$1,998,000
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25 Windermere Avenue Toronto, ON M6S 3J3
14 Beds
9 Baths
4,200 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-6-9 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $475
MLS Listing ID 40707957
Sold Date 04/30/25
Bedrooms 14
Abv Grd Liv Area 4,200
Originating Board Hamilton - Burlington
Annual Tax Amount $10,786
Property Sub-Type Multi-6-9 Unit
Property Description
Discover a lucrative investment opportunity with this 9-unit multi-residential building, ideally situated in the heart of Swansea. This property features five spacious two-bedroom units and four cozy one-bedroom units, providing a diverse range of rental options to attract a variety of tenants.**Key Features** Prime Location:Nestled in a highly sought-after neighborhood, this building benefits from proximity to local amenities, schools, parks, and public transportation, making it an attractive choice for renters. Unit Mix: The property boasts a well-balanced mix of five two-bedroom units and four one-bedroom units, catering to families, professionals, and individuals alike. Parking: Enjoy the convenience of over five dedicated parking spaces located behind the building, a rare find in this bustling area. Strong Rental Demand: Desirable location ensures consistent demand for rental properties, providing an excellent opportunity for steady cash flow.Take advantage of this exceptional opportunity to invest in a multi-residential building in a thriving community. The estate makes no representations or warranties and the building is being sold in "as is, where is" condition. 6 out of 9 units currently rented (on a month-to-month basis), gross rental income is $6,225/month with a potential for a total of $12,500/month + (The projected rental income presented is based on current rental rates in the immediate area. However, the seller and the listing brokerage make no representations or warranties regarding these figures. It is the responsibility of their buyer and their representative to conduct thorough due diligence to verify the rental potential at these amounts ) and the building currently carries no debts. Operating expenses include property manager, bi-weekly cleaning, common area expenses, insurance, lawn care or snow removal and taxes
Location
Province ON
County Toronto
Area Tw01 - Toronto West
Zoning R(d0.6*733), R(d1*547)
Direction Windermere Ave/The Queensway
Rooms
Basement Full, Finished
Kitchen 0
Interior
Interior Features None
Heating Radiant
Cooling None
Fireplace No
Laundry Coin Operated, Common Area
Exterior
Waterfront Description Lake/Pond
Roof Type Flat
Lot Frontage 60.46
Garage No
Building
Lot Description Marina, Public Transit, Schools
Faces Windermere Ave/The Queensway
Story 2
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 213730636
Ownership Freehold/None
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