Toronto - Elms-Old Rexdale
Toronto - Elms-Old Rexdale
Sold For$2,864,250
Listed For $2,800,000
Sold Feb 2024
Take advantage of CMHC multi-family financing to acquire this brand new legal Five-plex with potential of only $140,000 down! Estimated gross rents of $160,800 per year and positive cashflow after all expenses. 5 self-contained units with private entrances separate utilities, onsite parking and in-unit laundry. Unit make-up consists of 2 x 2 bed/2 bath, 2 x 1 bed/1 bath and 1x 1 bed plus den /2 bath. Environmentally Sustainable Build. Situated a short distance from Downtown Toronto, property offers quick access to 401, Shopping, Costco, and Go Transit. Home warranty included.
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