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28A THIRD STREET, Toronto, Ontario, M8V 2X6

MLS® # W10422790
Investment For Sale In New Toronto, Toronto, Ontario
$3,195,000
28A Third Street, Toronto, ON - Outdoor
28A Third Street, Toronto, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen
28A Third Street, Toronto, ON - Indoor Photo Showing Kitchen With Upgraded Kitchen
28A Third Street, Toronto, ON - Indoor Photo Showing Other Room
28A Third Street, Toronto, ON - Indoor Photo Showing Other Room
28A Third Street, Toronto, ON - Indoor Photo Showing Other Room
28A Third Street, Toronto, ON - Indoor Photo Showing Other Room
28A Third Street, Toronto, ON - Indoor Photo Showing Bathroom
28A Third Street, Toronto, ON - Indoor Photo Showing Laundry Room
28A Third Street, Toronto, ON - Indoor Photo Showing Basement
28A Third Street, Toronto, ON - Indoor Photo Showing Basement
28A Third Street, Toronto, ON - Indoor Photo Showing Basement
28A Third Street, Toronto, ON - Indoor Photo Showing Other Room
28A Third Street, Toronto, ON - Outdoor With Exterior
28A Third Street, Toronto, ON - Outdoor With Exterior
28A Third Street, Toronto, ON  - Outdoor
28A Third Street, Toronto, ON  - Indoor Photo Showing Kitchen With Upgraded Kitchen
28A Third Street, Toronto, ON  - Indoor Photo Showing Kitchen With Upgraded Kitchen
28A Third Street, Toronto, ON  - Indoor Photo Showing Other Room
28A Third Street, Toronto, ON - Indoor Photo Showing Other Room
28A Third Street, Toronto, ON - Indoor Photo Showing Other Room
28A Third Street, Toronto, ON - Indoor Photo Showing Other Room
28A Third Street, Toronto, ON - Indoor Photo Showing Bathroom
28A Third Street, Toronto, ON - Indoor Photo Showing Laundry Room
28A Third Street, Toronto, ON - Indoor Photo Showing Basement
28A Third Street, Toronto, ON - Indoor Photo Showing Basement
28A Third Street, Toronto, ON - Indoor Photo Showing Basement
28A Third Street, Toronto, ON - Indoor Photo Showing Other Room
28A Third Street, Toronto, ON - Outdoor With Exterior
28A Third Street, Toronto, ON - Outdoor With Exterior
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28A THIRD STREET, Toronto, Ontario, M8V 2X6
$3,195,000

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6+1
  • Bathrooms: 6
  • Irregular: Yes
  • Lot Depth: 57.0 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 57 FT ; Irregular, Drive
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 5

Courtesy of: BRAD J. LAMB REALTY 2016 INC.

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Location of 28A THIRD STREET, Toronto, Ontario, M8V 2X6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

45/100

Moderate

ClimateCheck®

Current data

This property, 28A THIRD STREET , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.8 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.8℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 28A THIRD STREET , experiences 11 significant 2-day storms per year, with about 293.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 364.4mm of precipitation per year.

Precipitation Per Storm

Past
293.4mm
2050
364.4mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 28A THIRD STREET, Toronto, Ontario, M8V 2X6

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$120,786.14

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.57 %

High school certificate or equivalent

27.65 %

Apprenticeship trade certificate/diploma

3.9 %

College/non-university certificate

17.97 %

University certificate (below bachelor)

3.11 %

University Degree

28.8 %

Commuter

Travel To Work

By Car

55.19 %

By Public Transit

32.67 %

By Walking

4.33 %

By Bicycle

1.45 %

By Other Methods

6.36 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.13 %

Houses

40.87 %

Own Vs. Rent