65 Blackthorn Avenue, Toronto, Ontario M6N 3H4

Listed for:
$1,275,000
6 beds
4 baths
Listed 38 days ago
House for rent: 65 Blackthorn Avenue, Toronto, Ontario M6N 3H4

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Learn more about this property
Listing provided by:
RE/MAX ULTIMATE REALTY INC.
MLS® number:
W8219814
Agent:
Andre F. Velosa
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About

This updated multiplex home presents a great turnkey investment opportunity in the Earlscourt neighborhood for those interested in investing in Toronto's freehold market! Fully rented with tenants in place, this property currently generates $6,520 per month ($78,240 annually) and a cap rate of 5.1% with potential for higher market rents. Live in the upper unit and have $4,265 monthly income .The house comprises 2 x 2-bedroom apartments on the upper levels and 1 x 1-bedroom apartment and 1 bachelor suite on the lower level, all with separate private entrances. The front basement apartment has a street-facing entrance. Additionally, the detached garage offers potential for a laneway suite build. The home boasts solid finishes throughout, such as hardwood floors on the upper levels, granite counters, and recently renovated bathrooms. There's a coin-operated mutual laundry area, and the property features central air conditioning and heating. **** EXTRAS **** All appliances included in the sale. (id:27476)

Property Highlights

Type
House
Cooling type
Central air conditioning
Heating fuel
Natural gas
Fireplace
No
Construction material
Brick, Stucco
Parking space
1
Ownership Type
Freehold
Amenities nearby
Park, Place of Worship, Public Transit, Schools

Location