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28A Third St

Third StEtobicoke-LakeshoreTorontoON, M8V 2X6

7
Beds
6
Baths
3648
Sq. Ft.
$3,195,000
List Price
28A Third St, Toronto, ON - 1 of 3
28A Third St, Toronto, ON - 2 of 3
28A Third St, Toronto, ON - 3 of 3
New
2 days on market

Quick Summary

  • Fully renovated 6-unit multi-family building
  • Newly upgraded electrical, plumbing, and HVAC
  • All units tenanted at market rents
  • Assumable mortgage with extremely low payments
  • Significant interest rate savings over term
  • Secure building with FOB entry and cameras
  • Ample 5-car parking available
  • Turnkey investment opportunity

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,... Show More

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. 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.

Property Details

Size

3,648 sq. ft.
7 Beds
6 Above Grade - 1 Below Grade
6 Baths

Parking

5 Parking Spaces
None

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Radiant
Cooling
Wall Unit

Utilities

Water
-
Sewer
Sewers
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$6,903

Source

Listing Brokerage

MLS® Listing
W10422790
Last Updated
November 13, 2024
Brokerage
BRAD J. LAMB REALTY 2016 INC.
Call us 800-591-0566

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