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28a Third Street Toronto (New Toronto), Ontario M8V 2X6

7 Bedroom 6 Bathroom
Wall Unit Radiant Heat

$3,195,000

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. (id:49907)

Property Details

MLS® Number W10422790
Property Type Multi-family
Community Name New Toronto
ParkingSpaceTotal 5

Building

BathroomTotal 6
BedroomsAboveGround 6
BedroomsBelowGround 1
BedroomsTotal 7
BasementDevelopment Finished
BasementType N/a (finished)
CoolingType Wall Unit
ExteriorFinish Brick
HeatingFuel Natural Gas
HeatingType Radiant Heat
StoriesTotal 2
Type Other
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 57 Ft
SizeFrontage 50 Ft
SizeIrregular 50 X 57 Ft ; Irregular, Drive
SizeTotalText 50 X 57 Ft ; Irregular, Drive

https://www.realtor.ca/real-estate/27647816/28a-third-street-toronto-new-toronto-new-toronto