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555 Birchmount Rd

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

-
Beds
-
Baths
5,250
Sq. Ft.
$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
79 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 modern finishes.
  • Includes a multi-camera security system.
  • New commercial tankless hot water system.
  • Property offers seven parking spaces.
  • Close to amenities and public transport.

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. **** EXTRAS **** 7 Hydro Meters. Close To All Amenities Including Shopping, Warden Station, Scarborough GO, Centennial College, Multiples Parks And Great Schools. Easy To Manage Property With Great Tenants. See Virtual Tour Of Unit 302! (id:54626)

Property Details

Size

5,250 sq. ft.
0 Beds
0 Baths

Heating & Cooling

Heating
-
Cooling
Fully air conditioned

Utilities

Water
Municipal water
Sewer
-

Source

Listing Brokerage

MLS® Listing
E8087036
Last Updated
April 8, 2024
Brokerage
BOSLEY REAL ESTATE LTD.
Powered by: REALTOR.ca
Call us 800-591-0566

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