The property comprise 5 furnished rental apartment suites and one laneway house also furnished. In total there are 4 two bedrooms and 1 four bedroom laneway suite. All units are self contained and built and furnished to high end luxury standards. In total there is over 5,000 sf of rentable space. There is very little common area. The entire project is low maintenance with in ground snow melting and solar panels. All suites have full kitchens and in total there are 10 bathrooms. This is a headache free investment with a brand new building and no cap ex for another 20 years. The lease can be terminated and this could make a wonder full family compound. This housing is the future for the city. Potential to purchase the company and save LTT and take advantage of shareholder loans which would mean tax free income for 15 years at least. Potential to condo convert the asset. (id:47421)
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Detailed Information
Bedrooms
9+3
Bathrooms
5
Lot
26.25 x 149.58 ft
Amenities Nearby
Public Transit, Park, Schools
Features
Lane, Sump Pump, Solar Equipment
Listing Contract Date
2025-09-13
Location Description
Runnymede Rd / St. Clair Ave W
# of Parking Spaces
1
Property Type
Multi-family
Transaction Type
For sale
Zoning Description
RM(f12;u2;d0.8*252)
Building
Age
New building
Appliances
Water Heater - Tankless, Water Heater
Basement Development
Finished
Basement Features
Apartment in basement
Basement Type
N/A (Finished), N/A
Construction Status
Insulation upgraded
Cooling Type
Wall unit, Ventilation system
Exterior Finish
Stucco, Brick
Fire Protection
Smoke Detectors
Foundation Type
Block, Concrete, Poured Concrete
Heating Fuel
Electric
Heating Type
Heat Pump
Stories Total
3
Type
Other
Utility Water
Municipal water
Parking Spaces
Name
Spaces
No Garage
Land
Total Size
26.3 x 149.6 FT
Amenities
Public Transit, Park, Schools
Sewer
Sanitary sewer
Size of Irregular Land
26.3 x 149.6 FT
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