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555 Birchmount Rd

Birchmount Rd, Scarborough, Toronto, ON, M1K 1P8

11
Beds
6
Baths
$3,149,000
List Price
Details
Photos
40
Comparables
History
555 Birchmount Rd, Toronto, ON - 1 of 3
555 Birchmount Rd, Toronto, ON - 2 of 3
555 Birchmount Rd, Toronto, ON - 3 of 3
95 days on market

Quick Summary

  • Fully renovated 6-plex in Clairlea-Birchmount.
  • Assumable mortgage at 2.19% until Dec 2026.
  • Over $163k in gross annual income.
  • Units feature new fixtures and appliances.
  • Includes seven parking spaces for tenants.
  • Equipped with a multi-camera security system.
  • Close to shopping, transit, and schools.
  • Well maintained with great existing tenants.

Welcome To 555 Birchmount Rd, A Boutique 6-Plex Multi-Residential Building With Fully Renovated And Fully Tenanted Units At Market Rent In Desirable Clairlea-Birchmount! Incredible Investment Opportunity With An Assumable Mortgage At 2.19% Until December 2026! Over $163k In Gross Income! Each Unit Has Been Meticulously Restored With All... Show More

Welcome To 555 Birchmount Rd, A Boutique 6-Plex Multi-Residential Building With Fully Renovated And Fully Tenanted Units At Market Rent In Desirable Clairlea-Birchmount! Incredible Investment Opportunity With An Assumable Mortgage At 2.19% Until December 2026! Over $163k In Gross Income! Each Unit Has Been Meticulously Restored With All New Fixtures And Stainless Steel Appliances, Quartz Countertops, Refinished Hardwood Floors, And Air Conditioning. Five 2 Bedroom Units, And One 1 Bedroom Unit, All With Contemporary Finishes And Generous Floor Plans, In Addition To 7 Parking Spaces. Many Updates Including a Multi-Camera Security System, New NTI Commercial Tankless Hot Water System, New A.O. Smith Commercial Hot Water Tank, New Commercial Maytag Coin Operated Laundry Machines, Many New Windows, New Doors, Mini-Split Air Conditioners, Stucco Exterior, And More! Don't Miss This Opportunity To Own A Well Maintained, Well Capitalized, And Easy To Manage Investment Property. Gross Income: $163,452.56. Hydro/Gas/Water/Tax/Insurance: $25,640.81. 7 Hydro Meters. Close To All Amenities Including Shopping, Warden Station, Scarborough GO, Centennial College, Multiple Parks, And Great Schools. Easy To Manage Property With Great Tenants. See Virtual Tour Of Unit 302!

Property Details

Size

Sq. Ft. Not Available
12 total rooms
11 Beds
9 Above Grade - 2 Below Grade
6 Baths

Parking

7 Parking Spaces
None

Build

Year Built
-
Model Name
-
Basement
Finished, Apartment
Exterior
Stucco/Plaster, Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Radiant
Cooling
Wall Unit

Utilities

Water
-
Sewer
Sewers
SHOW LESS

Rooms

Living

22′10″ x 14′10″

Br

10′11″ x 12′2″

2nd Br

10′11″ x 10′2″

Bathroom

6′10″ x 7′1″

Living

22′10″ x 14′10″

Br

10′11″ x 12′2″

SHOW MORE

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$7,735.44

Source

Listing Brokerage

MLS® Listing
E8051906
Last Updated
April 8, 2024
Brokerage
BOSLEY REAL ESTATE LTD.
Call us 800-591-0566

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