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Home ON Greater Toronto Area Toronto Etobicoke New Toronto
28A THIRD STREET
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28A THIRD STREET $3,195,000
2 days ago
$3,195,000
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28A THIRD STREET
Toronto (New Toronto), Ontario M8V2X6

MLS® Number: W10422790
6 + 1
Bedrooms
6
Bathrooms
-
Square Feet

Listing Description

2.91% assumable mortgage due June 2030 with an extremely low monthly payment of only $7,988! This turn key six-plex contains 5-two Bedroom units and 1-bachelor unit. Building and units were fully renovated in 2019, down to the studs. All units fully renovated throughout with quality, long lasting finishes including new kitchen, bathrooms, radiators, floors, appliances, in-wall AC units and in-suite washer/dryer. The building has new electrical & plumbing throughout, furnace, on-demand hot water, FOB entry and security cameras. Essentially a no maintenance building. All units fully tenanted, at market rent. A once in a lifetime opportunity to go back in time and buy with low rates. Individual hydro meters. 5 car parking. $500,000 of interest rate savings over the remaining term of the mortgage (5 years) using todays rates. **** EXTRAS **** Mortgage of $2,100,000 at 2.91% monthly payments of $7,988 due June 1st, 2030. Original amortization of 40 years. Total sq. ft. of 3,648 as per floor plans includes. All units are renovated the same as the unit in the photos. (38070606)

Location Description

Islington Ave. and Lake Shore Blvd.

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Community Name
New Toronto
Land Size
50 x 57 FT ; Irregular, Drive
Annual Property Taxes
$6,903
Total Parking Spaces
5
Time on REALTOR.ca
2 days

Building

Bedrooms
Above Grade
6
Below Grade
1
Bathrooms
Total
6
Interior Features
Basement Type
N/A (Finished)
Heating & Cooling
Cooling
Wall unit
Heating Type
Radiant heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Total Parking Spaces
5

Land

Lot Features
Frontage
50 ft
Land Depth
57 ft
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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