216 Heath St W

$3,498,000

Multi Family

216 Heath St W Toronto Ontario M5P1N7

MLS # C5230021

Rarely Offered Long Term Fully Leased Corner Investment Building, Legal Multiplex In Forest Hill. Turn Key High Income Investment Approx. 4500 Sqft., Featuring 1 Commercial & 3 Residential Renovated Self Contained Units. Suites Separately Metered. Surface Parking, Garage, And Balconies. Financials And Leases Available. Approx 4.5% Cap. Extras:Coin Op Laundry Suite, 3 Dishwashers, 3 Stoves, 3 Washing Machines, 3 Dryers, Multiple Wall Ac Units, Hwts (Ability To Convert Unit 4 Back Into 2 Seperate Units, 5 Total Utility Meters At Property)++++ Brkage Remks:Total Annual Rent 151260, Monthly Rents, Unit 1 4250 + 355 Tmi, Unit 2 2250, Unit 3 1850, Unit 4 3650, All Units Rented Long Term, May Be Below Market Rent. Rent Income Spreadsheet Available, [Unit Also Listed As Residential Building Mls# To Follow.]

PROPERTY SUMMARY

PROPERTY TYPE

Multi Family

TITLE

Freehold

COMMUNITY NAME

Forest Hill South

PARKING TYPE

PARKING SPACES

BUILDING

BEDROOMS

BATHROOMS

FLOOR SPACE

4500 sqft

HEATING

Forced Air ( natural gas )

COOLING

SCHOOLS

Holy Rosary Catholic School

Elementary

3 min

The Bishop Strachan School

Private Elementary /Secondary

7 min

St. Michael's College School

Private Elementary /Secondary

8 min

Arrowsmith School

Private Elementary /Secondary

9 min

Upper Canada College

Private Elementary /Secondary

13 min

Forest Hill Academy

Private Secondary

4 min

SIMILAR LISTINGS

$ 899,000

Single Family

8 Waltham Dr. ,Etobicoke ON

3 Bedrooms

2 Bathrooms

MLS # W5342458

$ 1,500,000

Single Family

1 Guernsey Dr, Toronto ON

3 Bedrooms

2 Bathrooms

MLS # W5133758

$ 1,080,000

Single Family

1170 Ogden Ave, Mississauga ON

2 Bedrooms

1 Bathrooms

MLS # W5123096

$ 3,770,000

Single Family

37 Plunkett Crt , Barrie ON

4 Bedrooms

5 Bathrooms

MLS # S4899486

BOOK A TOUR

Select A Date
What Is Your Preferred Time?