Incredible turn key investment opportunity with strong CAP rate in convenient North York Downsview neighborhood, just a short distance from Humber River Hospital, public transit, 401access and Sheridan Mall. Legal 4 Plex with city approval. Top two apartments offer generous 3bedroom $1815+hydro and ...3 bedroom + den $1825+hydro (both long term tenants under market rent)both with private 17.5 ft wide balconies. 2 - 1 bedroom units $1900+hydro and $1450 including hydro. 3 storage lockers and shared coin operated laundry in basement. Large backyard common area. 4 hydro meters, tankless owned water heater, 6 parking spots. Building has been updated throughout. Excellent, long term AAA Tenants. Don't miss out on this rarely offered investment.
Full Property Details
Interior
Bedrooms
7
Bedrooms Plus
2
Total Bedrooms
9
Washrooms
4
Square Footage
2500-3000 sqft
Basement
Apartment,Full,Finished
Heating Source
Gas
Heating Fuel
Radiant
Air Conditioning
Wall Unit
Family Room
Yes
Kitchens
2
Kitchens Plus
2
Total Kitchens
4
Fireplace Features
No
Bedrooms
7
Bedrooms Plus
2
Total Bedrooms
9
Washrooms
4
Square Footage
2500-3000 sqft
Basement
Apartment,Full,Finished
Heating Source
Gas
Heating Fuel
Radiant
Air Conditioning
Wall Unit
Family Room
Yes
Kitchens
2
Kitchens Plus
2
Total Kitchens
4
Fireplace Features
No
Exterior
Depth
120.0
Front
32.17
Acreage
< .50
Driveway
Private Triple
Lot Size
32 x 120.0 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
None
Garage Spaces
0
Zoning
RM (F21;A835;D1)
Depth
120.0
Front
32.17
Acreage
< .50
Driveway
Private Triple
Lot Size
32 x 120.0 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
None
Garage Spaces
0
Zoning
RM (F21;A835;D1)
Building Description
Style
2-Storey
Home Type
Apartment
Subtype
Fourplex
Year Built
51-99
Property Orientation
North
Exterior Finish
Brick,Stucco (Plaster)
Sewers
Sewers
Water Supply
Municipal
Possession Date
8/3/2026
Style
2-Storey
Home Type
Apartment
Subtype
Fourplex
Year Built
51-99
Property Orientation
North
Exterior Finish
Brick,Stucco (Plaster)
Sewers
Sewers
Water Supply
Municipal
Possession Date
8/3/2026
Community
Community
Downsview-Roding-CFB
Community
Downsview-Roding-CFB
Taxes & Fees
Taxes
$5,384 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$5,384 /yr
Tax Year
2025
Occupancy
Tenant
Room Types
Bathroom
3 Pc Bath
Dimensions 7.87 x 3.94 feet
31.01 sqft
Bedroom
Closet
Dimensions 5.68 x 2.95 feet
16.76 sqft
Breakfast
-
Dimensions 10.01 x 13.25 feet
132.63 sqft
Breakfast
-
Dimensions 9.68 x 9.58 feet
92.73 sqft
Den
-
Dimensions 8.96 x 11.29 feet
101.16 sqft
Foyer
-
Dimensions 5.68 x 2.99 feet
16.98 sqft
Kitchen
-
Dimensions 10.24 x 12.27 feet
125.64 sqft
Kitchen
Eat-in Kitchen
Dimensions 17.78 x 12.83 feet
228.12 sqft
Living Room
Combined w/Dining
Dimensions 17.78 x 12.83 feet
228.12 sqft
Living Room
Combined w/Dining
Dimensions 17.91 x 22.24 feet
398.32 sqft
Primary Bedroom
-
Dimensions 11.42 x 14.99 feet
171.19 sqft
Primary Bedroom
-
Dimensions 14.8 x 11.25 feet
166.5 sqft
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