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Home ON Greater Toronto Area Toronto Etobicoke Rexdale
14 TORBOLTON DRIVE
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14 TORBOLTON DRIVE $4,100,000
$4,100,000
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14 TORBOLTON DRIVE
Toronto (Rexdale-Kipling), Ontario M9W3Y2

MLS® Number: W11822451

Listing Description

14 Torbolton Dr is a 16 unit apartment building with 6 - 1 bedroom suites and 10 - 2 bedroom suites. The building features four balconies, on site laundry, it is individually meter hydro, and has ample tenant parking with 10 surface stalls and 8 garages. Value add investment opportunity with over 68% upside in rental income on turnover. Their is potential to add an additional unit in the basement where the locker room is. Located in a gentrifying neighborhood with easy access to arterial transit routes. Major nearby retailers include Costco, Walmart, Canadian Tire and Home Depot. (39522951)

Location Description

Islington Ave & Rexdale Blvd

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Rexdale-Kipling
Land Size
132.16 x 215.26 FT
Annual Property Taxes
$24,086
Total Parking Spaces
18
Time on REALTOR.ca
16 days

Building

Heating & Cooling
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Parking
Total Parking Spaces
18

Measurements

Square Footage
1 ac

Land

Lot Features
Frontage
132 ft ,1 in
Land Depth
215 ft ,3 in
Other Property Information
Zoning Description
RA*13
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
LENNARD COMMERCIAL REALTY
Brokerage
416-649-5920
416-649-5924

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