$2,500,000

Investment For Sale In New Toronto, Toronto (New Toronto), Ontario

$2,500,000

Property Information:

WATERFRONT Multiplex w/ 5 units Overlooking Lake Ontario - This large purpose built building offers: approx. 2900 sq ft above grade plus 1000 sq ft below grade - approx. 3900 sq ft of living space! 25ft of frontage on Lake Ontario, 2 car garage, 5 legal residential units (100% tenanted w/ 2 two-bedroom units & 3 one-bedroom units), 2 large balconies, ground level terrace w/ walkout, recent upgrades/renovations include concrete at main entrance '24, windows '23, electrical panels '23, EV charger '23, fire alarm upgrade '23, lockers '23, lower waterfront patio '21, roof & eaves 2019 & exterior railings '19. End user Potential to convert into a Modern Masterpiece! New Toronto on the Lake: Great shopping & restaurants, lakefront parks, public transit, lakefront trails & of course, Lake Ontario w/ all her magnificent moods. This is a rare offering w/ a completely turnkey investment opportunity. **** EXTRAS **** 5 meters, 5 fridges, 5 stoves (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Foundation Type: Concrete
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Appliances: Dryer, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6+1
  • Bathrooms: 5
  • Access Type: Water access
  • Irregular: Yes
  • Lot Depth: 180.0 Feet
  • Lot Frontage: 25.0 Feet
  • Lot Size: 25 x 180 FT
  • View Type: Lake view
  • Sewer: Sanitary sewer
  • Parking Type: Garage
  • No. of Parking Spaces: 5

Rooms:

  • Living Main Level 6.02 m x 3.66 m
  • Dining Main Level 3.73 m x 2.08 m
  • Kitchen Main Level 2.44 m x 1.88 m
  • Bedroom Main Level 4.57 m x 2.67 m
  • Living Main Level 4.37 m x 3.71 m
  • Kitchen Main Level 2.44 m x 2.67 m
  • Bedroom Main Level 4.57 m x 2.71 m
  • Bedroom Main Level 3.65 m x 3.04 m
  • Kitchen Upper Level 2.43 m x 1.88 m
  • Bedroom Upper Level 4.57 m x 2.71 m
  • Living Upper Level 6.06 m x 3.65 m
  • Dining Upper Level 3.74 m x 1.86 m

Courtesy of: Royal LePage Real Estate Services Ltd.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.