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$2,489,000
Available - For Sale
Listing ID: W12397266
Gorgeous 100+ year old purpose built 4-unit multiplex in the heart of the prestigious Regal Heights Neighbourhood in Corso Italia. Offering over 4,000 sqft of living space plus a 2,000+ sqft basement. Each of the four spacious units ranges between 1,000-1,200 sqft and features 2 bedrooms, with every tenant enjoying access to approximately 500 sqft of basement space. This fully tenanted property generates excellent income with a cap rate of approximately 4%, supported by current rents of $1,500, $2,600, $2,600, and $2,800, plus additional income from a double detached garage rented at $525/month each. Estimated annual expenses including taxes, heat, water, insurance, and grounds maintenance are just $30,000, making this a strong and reliable investment. NOI of $95,000 annually. Meticulously maintained by a private owner with true pride of ownership, this property has seen recent upgrades including a new roof, new windows, and an updated breaker electrical panel. Perfectly situated in vibrant Regal Heights, steps to all that St. Clair Ave W has to offer! Shops, restaurants, TTC transit (street car stop right across the street), and community amenities, this is a rare opportunity to own a turnkey, income-generating multiplex in one of Torontos most desirable and culturally rich neighbourhoods.
Price $2,489,000
Taxes: $10,658
Occupancy by: Tenant
Address: 93 Northcliffe Boul , Toronto, M6H 3H3, Toronto
Directions/Cross Streets: St. Clair Ave W & Dufferin St
Rooms: 16
Bedrooms: 8
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Apartment
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 13.02 16.96 Hardwood Floor, Combined w/Dining, Window
Room 2: Main Living Ro 12.99 12.69 Hardwood Floor, Bay Window, Wainscoting
Room 3: Main Bedroom 9.45 13.02 Hardwood Floor, Window, Closet
Room 4: Main Bedroom 2 10.00 10.66 Hardwood Floor, Window
Room 5: Main Living Ro 12.76 13.02 Laminate, Window, Wainscoting
Room 6: Main Dining Ro 9.64 12.96 Laminate, Window, Wainscoting
Room 7: Main Kitchen 12.92 6.99 Laminate, Window
Room 8: Main Bedroom 13.09 11.41 Laminate, Closet, Window
Room 9: Main Bedroom 2 10.82 10.00 Laminate, Window, Closet
Room 10: Second Living Ro 12.99 12.99 Laminate, Large Window
Room 11: Second Dining Ro 12.99 9.61 Laminate, Wainscoting, Window
Room 12: Second Kitchen 11.45 7.02 Laminate, Window
Room 13: Second Bedroom 13.09 9.45 Laminate, Closet, Window
Room 14: Second Bedroom 2 10.79 9.94 Laminate, Window, Closet
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Second
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: None
Drive Parking Spaces: 0
Park #1
Parking Type: None
Park #2
Parking Type: None
Pool: None
Approximatly Age: 100+
Approximatly Square Footage: 3500-5000
Property Features: Library
Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Water
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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KELLER WILLIAMS REFERRED URBAN REALTY

93 Northcliffe Boul , Toronto, M6H 3H3, Toronto

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Maria Tompson
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Type: Freehold - Multiplex
Area: Toronto
Municipality: Toronto W03
Neighbourhood: Corso Italia-Davenport
Style: 2-Storey
Lot Size: x 120.00(Feet)
Approximate Age: 100+
Tax: $10,658
Maintenance Fee: $0
Beds: 8
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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