Excellent investment opportunity at 352 Caledonia Rd in Toronto, offering a well-maintained 5 unit property with strong existing rental income and additional potential. The property features two spacious 3-bedroom units and two 1-bedroom units, plus a finished basement apartment providing additional contributing value. The two 3-bedroom units have reported rents of $2,550 per month each, all-inclusive. One 1-bedroom unit is currently owner occupied with market rent of approximately $1,800 per month, while the other 1-bedroom unit is rented at $2,000 per month, all-inclusive. Buyers to satisfy themselves regarding its retrofit and legal status.Offering excellent flexibility for investors, multi-generational families, or buyers looking to occupy one unit while benefiting from rental income from the others. Convenient Toronto location with easy access to transit, shopping, schools, parks, major roadways and everyday amenities. A rare opportunity to acquire an income-producing property with multiple units and long-term investment potential. (id:4555)
PROPERTY SPECS
Price $1,599,999
City Toronto, Ontario
Bed / Bath 7 / 6 Full
Address 352 Caledonia Road
Listing ID W13679712
Style House
Parking 4.00
Type Residential
Status For Sale
EXTENDED FEATURES
SubtypeSingle FamilyFeaturesLaneOwnershipFreeholdBasementApartment in basement, N/AHeating / CoolingNatural gasSewerSanitary sewerParking4.00