Key Facts
- MLS® #: W11998326
- Property ID: SIRC2303220
- Property Type: Residential, Townhouse
- Lot Size: 3,600 sq.ft.
- Bedrooms: 5+4
- Bathrooms: 3
- Additional Rooms: Den
- Parking Spaces: 4
- Listed By:
- HARVEY KALLES REAL ESTATE LTD.
Property Description
This well-maintained and renovated (2022) three-unit property in the sought-after Rustic/Maple Leaf/Oakdale - Beverly Heights neighborhood offers a rare turnkey investment opportunity with a strong 8.5%+ cap rate. Featuring three well-managed units, the property has undergone extensive upgrades, including new kitchens and new baths, a new main-floor addition at the rear, a 200 AMP electrical panel, and a 1-inch water supply. Structural and exterior improvements include a new roof, new weeping tile in the front, new concrete slab at the front entry, a new sewer line with backflow preventer, and fresh driveway sealant. A brand-new furnace and new power-vented hot water tank (owned) ensuring energy efficiency. New flooring throughout all three floors of the house and freshly painted. Concrete patio slabs in the rear. This prime location provides easy access to shopping, transit, parks, and major highways(401/400/Black Creek), as well as to the Jane and Wilson Shopping Mall. With an estimated annual rental income of $104,000 and the possibility of full vacant possession, this property is ideal for investors or owner-occupiers looking for a high-yield, move-in-ready opportunity.
Listing Agents
Request More Information
Request More Information
Location
33 Falstaff Ave, Toronto, Ontario, M6L 2C6 Canada
Around this property
Information about the area within a 5-minute walk of this property.
- 21.06% 20 to 34 years
- 20.31% 50 to 64 years
- 17.37% 35 to 49 years
- 9.3% 65 to 79 years
- 7.24% 15 to 19 years
- 7.13% 5 to 9 years
- 6.75% 10 to 14 years
- 6.1% 0 to 4 years
- 4.73% 80 and over
- Households in the area are:
- 64.97% Single family
- 28.34% Single person
- 5.37% Multi person
- 1.32% Multi family
- $78,519 Average household income
- $36,319 Average individual income
- People in the area speak:
- 57.77% English
- 7.77% Italian
- 7.3% Somali
- 6.91% English and non-official language(s)
- 6.01% Spanish
- 4.89% Portuguese
- 3.95% Vietnamese
- 2.3% Tagalog (Pilipino, Filipino)
- 2.16% Akan (Twi)
- 0.93% Tigrigna
- Housing in the area comprises of:
- 51.91% Apartment 5 or more floors
- 21.71% Single detached
- 19.86% Apartment 1-4 floors
- 4.61% Semi detached
- 1.91% Duplex
- 0% Row houses
- Others commute by:
- 30.16% Public transit
- 4.36% Other
- 1.29% Foot
- 0% Bicycle
- 38.12% High school
- 27.8% Did not graduate high school
- 18.73% College certificate
- 7.97% Bachelor degree
- 4.79% Trade certificate
- 1.72% Post graduate degree
- 0.87% University certificate
- The average air quality index for the area is 2
- The area receives 293.2 mm of precipitation annually.
- The area experiences 7.4 extremely hot days (31.5°C) per year.
Request Neighbourhood Information
Learn more about the neighbourhood and amenities around this home
Request NowPayment Calculator
- $
- %$
- %
- Principal and Interest $5,371 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a