Matthew Tenk
Broker of Record
28a Third Street Toronto (New Toronto), Ontario M8V 2X6
$3,195,000
2.91% assumable mortgage due June 2030 with an extremely low monthly payment of only $7,988! This turn key six-plex contains 5-two Bedroom units and 1-bachelor unit. Building and units were fully renovated in 2019, down to the studs. All units fully renovated throughout with quality, long lasting finishes including new kitchen, bathrooms, radiators, floors, appliances, in-wall AC units and in-suite washer/dryer. The building has new electrical & plumbing throughout, furnace, on-demand hot water, FOB entry and security cameras. Essentially a no maintenance building. All units fully tenanted, at market rent. A once in a lifetime opportunity to go back in time and buy with low rates. Individual hydro meters. 5 car parking. $500,000 of interest rate savings over the remaining term of the mortgage (5 years) using todays rates. **** EXTRAS **** Mortgage of $2,100,000 at 2.91% monthly payments of $7,988 due June 1st, 2030. Original amortization of 40 years. Total sq. ft. of 3,648 as per floor plans includes. All units are renovated the same as the unit in the photos. (id:39551)
Property Details
| MLS® Number | W10422790 |
| Property Type | Multi-family |
| Community Name | New Toronto |
| Parking Space Total | 5 |
Building
| Bathroom Total | 6 |
| Bedrooms Above Ground | 6 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 7 |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Fireplace Present | No |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Type | Other |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 57 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 57 Ft ; Irregular, Drive |
| Size Total Text | 50 X 57 Ft ; Irregular, Drive |
https://www.realtor.ca/real-estate/27647816/28a-third-street-toronto-new-toronto-new-toronto
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Toronto Real Estate Board
Brad J. Lamb Realty 2016 Inc.
November 13 2024 10:58:19
