46 Twenty Second St W

Toronto W06 | New Toronto | M8V 3M1
  • 9 + 5
  • 10
  • 0

$3,499,000

Est. Mtg $11,864 /mo
  • Days on market

    141

  • Status

    New

Listing Broker IPRO REALTY LTD
Since listed: 2 views

Home details

MLS #:

W9032629

Property type:
Multiplex
Style:
2-Storey
Taxes:
$15,395
Possession:
immediate
Lot Front:
50.0   Feet
Lot Depth:
119.0   Feet
Basement:
Part Fin |
Driveway Pkg:
8
Heat:
Gas | Water

Description


46 Twenty Second St W, , Toronto, Ontario is a Multiplex property in Toronto W06 and in the New Toronto community in the M8V 3M1 postal code


Discover this incredible investment opportunity: a stunning 10-plex with 80% of the units fully professionally renovated. Located within walking distance to Humber College, this property is situated in a highly desirable area with a strong demand for rental apartments.The 10-plex is ideally positioned in a quiet neighbourhood, offering tenants a peaceful living environment while still being close to the vibrant life of the college campus. The proximity to Lake Ontario provides easy access to scenic views and outdoor activities, enhancing the appeal for prospective tenants.Each renovated unit boasts modern finishes, ensuring a comfortable and stylish living space. With high-quality materials and craftsmanship, the renovations have significantly increased the property's value and attractiveness. The remaining units offer potential for future upgrades, allowing for further value addition.Adding to the investment's appeal is the on-site coin laundry facility, providing extra income for the landlord. This convenient amenity is highly appreciated by tenants, further boosting the property's rental potential.Investors will appreciate the steady rental income potential, driven by the constant demand from students and professionals seeking convenient housing near the college. The property's location in a quiet neighbourhood with easy access to public transportation, shopping centres, and recreational facilities makes it an even more attractive option for renters.Don't miss out on this exceptional investment opportunity. Secure your future with this prime 10-plex near Humber College, where high demand and quality renovations promise a profitable venture..

Extras

6 x 2 bedroom 4 x1 bedroom, parking for 8 cars, new roof (2022), new electrical panels (2021), new plumbing, and newer windows..


History

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List Date End Date List Price End Price Status MLS #
2024-07 2024-08 $3,499,000 $3,499,000 New W9032629

Comparables

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sold Date Address List Price sold Price DOM
2022-11 106 Lake Shore Dr, $2,650,000 $2,233,000 103

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Toronto W06 :

Average sale price

$1,724,688

Properties sold

24

New Listings

47

Days on Market

9

Sale $ / List $

105%

Year on Year Growth

-1.91%



Estimated running costs for 46 Twenty Second St W

Based on available 3rd party data

$13282

Approximate costs per month

Mortgage
$11864 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1282 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker IPRO REALTY LTD
Data Source: TRREB

Payment calculator

$13147 monthly. In association with: TD Bank
%
  • Principal and Interest
    11864 /mo
  • Property Taxes
    $1282 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Jim Millis, Realtor

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