A unique 28-suite apartment building located in a desirable rental neighbourhood, over 70% large 2-bedroom suites on a +25,000 Sq. Ft. Lot. The apartment building is ideally situated in the Birchmount Park Neighbourhood in Scarborough. With Scarborough's growing population, driven by immigration and affordable rental options, rental demand remains stable. The property benefits from excellent transit options, including the Warden Subway Station, Scarborough GO Station, and the Eglinton LRT. Surrounding amenities, such as retail strips, restaurants, parks and schools, provide convenience for residents and workers in the neighbourhood. Additionally, there are multiple redevelopment projects happening in the area, offering potential for future growth. **** EXTRAS **** Potential to add additional units. Significant upside in rental revenue on turnover. (35478866)
Birchmount Road & Danforth Rd
Property Type
Multi-family
Building Type
Multi-Family
Land Size
82.62 x 308.01 FT
Annual Property Taxes
$41,730 (CAD)
Time on REALTOR.ca
98 days
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