SoldMultiplex

807 Midland Avenue

Name: 807 Midland Avenue - Sold Apr 2021
Brand: BOREALIS REAL ESTATE INC., BROKERAGE
Price: 2000000 CAD
Availability: SoldOut

Toronto - Kennedy Park

807 Midland Avenue

Toronto - Kennedy Park

$2,500,000

Sold For$2,000,000

Listed For $2,200,000

Sold Apr 2021

9 + 4 Bedrooms Bedrooms

8 Bathrooms Bathrooms

0 Garage Garage

Description

Fabulous Investment Opportunity. Rare 6 Plex W/ 2 Non-Confirming Bsmt Apartments. Steps To Transit & Kennedy Subway. Future Potential W/ New Eglinton Crosstown. Large Lot 40X137.5 Feet. Private Drive W/ 8 Parking Spots, 3 Non-Conforming. 5-2 Bedroom Apts. 3-1 Bedrooms. All Month To Month Except 1 Bsmt Unit. Gross Approx. Income $109,416. Approx. Expenses $21,074. Approx Noi $88,342. Future Upside--Rents Below Mkt. All Separate Meters. Low Maintenance Property

Key facts for 807 Midland Avenue

Tax$7,364.36 / 2020

Property TypeMultiplex, 3-Storey

Lot Size137.5 x 40 Feet

ParkingCarport Spaces, Total 5 Spaces

Parking FeaturesPrivate

BasementApartment, Walk-Up

Listing #E4799163

Days on Market--

Listing BrokerageBOREALIS REAL ESTATE INC., BROKERAGE

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Cash Flow Analysis

Est. Mortgage Payment

$10,743/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$1.1% net yield

Net Monthly Cash Flow-$8,556

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(866) 511-7171

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