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Key Facts
Key facts for 1408 Kingston Road
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 3 parking
MLS #
E12253723
Size
5000+ sqft
Basement
Separate Entrance
Listed on
2025-06-30
Lot size
55 x 110.32
Tax
$7,246 /yr
Days on Market
6
Approximate Age
-
Maintenance Fee
-
Description
6.6% Cap Rate! 6 Unit Multiplex For Sale. Plus One Non-Conforming Unit In Bsmt. 6 x 2 Bed Units. 1 x 1 Bed Unit. 3 Renovated Units (2023) Currently Owner Occupied Suite Could Be Split Into 2 units. 2nd Floor Large 2 Bed Unit Has 2 Entrances And Has Potential To Split As Well. Value-Add Opportunity F...or The Right Operator. All Units Have Separate Hydro Meters. 3 Gas Meters. Some Long Term Tenants But Vacant Possession Be Discussed. 2 Parking Spots On Property, One Rented From Neighbour. Flat Roof Replaced 2024. Great Investment Property For An Experienced Investor Or First Timer. Current Gross Income $130,000. Insurance $5,980, Hydro $5,400, Gas $5,400, Water $6,600. Easy Access To Subway, Beaches, Shops On Kingston Rd, TTC Bus Stop At Door Step, Birchmount Park & Community Centre. Some Virtually Staged Photos.
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