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Home ON Greater Toronto Area Toronto York Runnymede
46 MONTYE AVENUE
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46 MONTYE AVENUE $6,395,000
$6,395,000
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46 MONTYE AVENUE
Toronto (Runnymede-Bloor West Village), Ontario M6S2G9

MLS® Number: W9360454

Listing Description

46 Montye Avenue is a 13-unit, turnkey investment opportunity with attractive assumable CMHC financing. 9 of the 13 units have been fully renovated with condo quality finishes. The property NOI is approximately $258,000, and the 1st position assumable CMHC loan is $4,250,123 at 4.10% interest with a 50 year amortization, maturing in December, 2034. This opportunity offers predictable and steady cash flows, with further additional rental upside yet to be achieved through the 4 units that haven't been turned over. The building is immaculately maintained with little to no near term capital expenditure to worry about. (36809205)

Location Description

Jane & Annette

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Runnymede-Bloor West Village
Land Size
50.06 x 120 FT
Annual Property Taxes
$17,890.54
Time on REALTOR.ca
61 days

Building

Heating & Cooling
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
6027 sqft

Land

Lot Features
Frontage
50 ft
Land Depth
120 ft
Other Property Information
Zoning Description
RM(f12;u2;d0.8*252)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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