If you have a Good Vision then this is a Golden opportunity for you to own this large LEGAL triplex on a big 50x120 feet lot with 100% occupancy. Current Cap rate is 4.1 % but has a Potential to increase to 5.1%. The property has 3 bedroom apartments on main and upper levels with balconies and a 2 bedroom basement apartment. Located in the sought after ""Sherway Gardens"" community with easy access to parks, schools, Trillium Hospital, Humber College, Plazas, Grocery store, Banks, Highways & TTC. 15 mins from Toronto Downtown. This incredible, very well maintained property comes with lots of upgrades AC 2020, Furnace 2020, Windows 2012 & Floors 2019. Upgraded kitchens with quartz countertops, upgraded washrooms with glass standing showers. Don't miss this Opportunity!! **** EXTRAS **** The ground floor and Main floor tenants are month to month and for the upper floor tenant lease is expiring on March 31st, 2025. (id:53047)
MLS® Number | W9303192 |
Property Type | Business |
Neigbourhood | Alderwood |
Community Name | Alderwood |
AmenitiesNearBy | Highway, Public Transit |
ParkingSpaceTotal | 8 |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
SizeInterior | 3300 Sqft |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Highway, Public Transit |
SizeDepth | 120 Ft ,1 In |
SizeFrontage | 50 Ft ,1 In |
SizeIrregular | 50.15 X 120.16 Ft |
SizeTotalText | 50.15 X 120.16 Ft |
ZoningDescription | Residential |
https://www.realtor.ca/real-estate/27375207/246-delta-street-toronto-alderwood-alderwood
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