map icon

555 Birchmount Rd

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

-
Beds
-
Baths
5,250
Sq. Ft.
$3,099,000
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
52 days on market

Quick Summary

  • Attractive 6-unit multi-residential building
  • Fully renovated and tenanted units at market rent
  • Assumable mortgage at low 2.19% rate until 2026
  • Substantial $4,400 monthly cash flow after expenses
  • Meticulously restored units with contemporary finishes
  • Generous unit floor plans with 2BR and 1BR options
  • Numerous property upgrades including new systems
  • Conveniently located near amenities and transit

4.6% CAP RATE! $2.27M ASSUMABLE MORTGAGE AT 2.19%! $4400 PER MONTH CASH FLOW AFTER MORTGAGE AND EXPENSES! 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... Show More

4.6% CAP RATE! $2.27M ASSUMABLE MORTGAGE AT 2.19%! $4400 PER MONTH CASH FLOW AFTER MORTGAGE AND EXPENSES! 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! Gross Income: $167,967.56. 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: $167,967.56. Hydro/Gas/Water/Tax/Insurance: $25,640.81. **** EXTRAS **** 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! (id:54626)

Additional Media

View Additional Media

Property Details

Size

5,250 sq. ft.
0 Beds
0 Baths

Parking

7 Parking Spaces
-

Lot

Size
891′0″ * 1682′0″
Acres
-

Heating & Cooling

Heating
Hot water radiator heat
Cooling
Fully air conditioned

Utilities

Water
Municipal water
Sewer
Sanitary sewer
SHOW LESS

Source

Listing Brokerage

MLS® Listing
E9068752
Last Updated
September 4, 2024
Brokerage
BOSLEY REAL ESTATE LTD.
Powered by: REALTOR.ca
Call us 800-591-0566

Book A Private Showing

For Sale Nearby

559A Birchmount Rd, Toronto, ON
559A Birchmount Rd
$1,299,999
Toronto, ON, M1K 1P8
  • 2,000 - 2,500 Sq. Ft.
  • 8
  • 3
530 Birchmount Rd
$7,999,000
Toronto, ON, M1K 1P2
  • 4
  • 5
120 Newlands Ave
$7,999,000
Toronto, ON, M1L 1S3
  • 4
  • 5
10 Flagstaff Rd, Toronto, ON
10 Flagstaff Rd
$1,099,900
Toronto, ON, M1L 1S9
  • 4
  • 2
97 N Woodrow Blvd, Toronto, ON
97 N Woodrow Blvd
$868,000
Toronto, ON, M1K 1W7
  • 5
  • 2
72 N Woodrow Blvd, Toronto, ON
72 N Woodrow Blvd
$799,900
Toronto, ON, M1K 1W6
  • 3
  • 1
117 North Bonnington Avenue, Toronto, ON
117 North Bonnington Avenue
$1,079,900
Toronto, ON, M1K 1X8
  • 700 - 1,100 Sq. Ft.
  • 5
  • 2
36 Marsh Rd, Toronto, ON
36 Marsh Rd
$999,000
Toronto, ON, M1K 1Y8
  • 4
  • 3

Sold Nearby

50 Silvio Ave, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
50 Silvio Ave
$XXX,XXX
Toronto, ON, M1K 1V3
  • 5
  • 2
563 Birchmount Rd, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
563 Birchmount Rd
$XXX,XXX
Toronto, ON, M1K 1P8
  • 5
  • 3
10 Zenith Dr, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
10 Zenith Dr
$XXX,XXX
Toronto, ON, M1K 1K4
  • 2000 Sq. Ft.
  • 5
  • 3
18 Zenith Dr, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
18 Zenith Dr
$XXX,XXX
Toronto, ON, M1K 1K4
  • 3
  • 1
8 Dunlop Ave, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
8 Dunlop Ave
$XXX,XXX
Toronto, ON, M1K 1K9
  • 4
  • 2
73 Silvio Ave, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
73 Silvio Ave
$XXX,XXX
Toronto, ON, M1K 1V5
  • 700 - 1,100 Sq. Ft.
  • 6
  • 2
73 Silvio Ave, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
73 Silvio Ave
$XXX,XXX
Toronto, ON, M1K 1V5
  • 4
  • 2
26 Silvio Ave, Toronto, ON
Sold Listing
Get verified. Local real estate boards require email verification.
26 Silvio Ave
$XXX,XXX
Toronto, ON, M1K 1V2
  • 4
  • 2

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.