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100 Browns Line, Toronto, ON M8W 3T1

$5,750,000

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List Price: $5,750,000
MLS#: W14095896
Status: ACTIVE
Type: Multifamily
SubType: Multiplex
Style: 3-Storey
Living Area: 5000 +
Province: ON
Municipality: Toronto
Area: Toronto
Neighborhood: Alderwood
Subdivision: Brown's Line & Lakeshore Blvd

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Property Description

An exceptional opportunity to acquire a rarely available multi-residential investment property at 100 Browns Line, Etobicoke. Featuring 22 residential units, 11 indoor parking spaces and 23 outdoor parking spaces, this fully leased, income-producing asset is being offered for the first time in over 40 years! Located in the desirable Alderwood area of South Etobicoke, the property offers convenient access to TTC transit, Long Branch GO Station, local shops, restaurants, parks and everyday amenities. Excellent connectivity to the Gardiner Expressway, QEW and Highway 427 provides easy access to downtown Toronto, Mississauga and major GTA employment centres. A rare opportunity for investors to acquire a fully tenanted apartment building in an established Toronto neighbourhood, offering established rental income and long-term investment potential. Opportunities of this scale and ownership history are seldom available.

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Additional Information

Taxes: $45,535
Heat Type: Other
Heat Source: Gas
Air Conditioning: Window Unit(s)
Exterior: Brick
Garage Spaces: 11
Garage Type: Detached
Pool: None
Parking Spaces: 34
Parking Type: Available