555 Birchmount Rd, Toronto, Ontario M1K 1P8

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, Multiple Parks, And Great Schools. Easy To Manage Property With Great Tenants. See Virtual Tour Of Unit 302! (id:27476)

555 Birchmount Rd is a boutique multi-residential building in the desirable Clairlea-Birchmount neighborhood. It consists of 6 fully renovated and fully tenanted units, all at market rent. The property offers an incredible investment opportunity with an assumable mortgage at 2.19% until December 2026.

Each unit in the building has been meticulously restored with new fixtures and stainless steel appliances, quartz countertops, refinished hardwood floors, and air conditioning. There are two 2-bedroom units and one 1-bedroom unit, all featuring contemporary finishes and generous floor plans. Additionally, the property includes 7 parking spaces.

This well-capitalized, well-maintained, and well-managed investment property also features 7 hydro meters and is conveniently located near amenities such as shopping, public transportation, Centennial College, parks, and schools. The property is easy to manage and comes with great tenants.

The property is for sale and has a land size of 74.27 x 140.17 FT. It is situated at 555 Birchmount Rd in Toronto, Ontario, with a postal code of M1K1P8. The building has a total of 5 bathrooms, 9 bedrooms above ground, and 2 bedrooms below ground, making a total of 11 bedrooms. It also has a finished basement with a separate apartment entrance. The cooling type is a wall unit, and the building exterior finish is a combination of brick and stucco. The property uses natural gas as a heating fuel and has a heating type of radiant heat. It is a 2.50-story building.