Property Description

Rare to find fully owner occupied multiplex, vacant possession available!. Most multiplexes for sale require you to assume current tenants with low rents, but not here!, endless options to live and rent to supplement mortgage, or rent all suites collecting current market-rents for a great 5% cap rate, (estimated on market rents in the area). – This owner-occupied multiplex has been meticulously maintained and cared for, featuring two spacious three-bedroom units, each over 1,100 SQF in size + balconies, plus a two-bedroom lower level suite with a private backyard. Every suite features a private entrance and its own central air system for maximum comfort. The double garage is prepped with all necessary rough-ins to convert it into a fourth suite. Located in Oakwood Village, walking distance to Cedarvale Park, close to Eglinton West TTC and future Crosstown LRT, quick driving access to Allen Rd and 401. **rare to find 5% cap rate based on market-rents in the area, full financials attached or ask L.A. **Easily add ensuite laundry on main and upper suites for higher rent rates, estimated total cost under $15k total, buyer or agent to verify. – Offers anytime!

Features
: Apartment
N
Y
: Lower
Attached
2
6
: Brick
: None
N
New Roof with 30yr warranty (2023), All electrical and plumbing (2014), Lower/Main level windows (2014), 3 furnaces (2014), 3 tankless water heaters (2014). Separate hydro & gas meters for all suites.
Address Map
Atlas
Canada
Ontario
Toronto
Toronto
M6C 3P9
314
Ave
314 Atlas Ave
01.C03.0720
Property Details
33 Sqft
105.62
Oakwood Village
0 Sqft
Sewers
: Toronto C03
Utilities
: Forced Air
: Gas
: Central Air
C$0
N
N
N
N

314 Atlas Ave, Toronto, Ontario M6C 3P9

For Sale Multiplex

8 Bedrooms
3 Bathrooms
C$1899000
Listing ID #C9030340
Basic Details
Listing ID : C9030340
Property Type : Multiplex
Price : C$1899000
Bedrooms : 8
Bathrooms : 3
Directions, Cross Streets : Atlas Ave. / Vaughan Rd.
Tax Year :
Days On Market : 10
Taxes : C$5803
Agent info
The Alves Group
Contact Agent