$1,600,000
PRICE
13
BEDROOMS
9
BATHROOMS
E12253723
MLSID
1408 Kingston Road, Toronto
6.6% Cap Rate! 6 Unit Multiplex For Sale. Plus One Non-Conforming Unit In Bsmt. 6 x 2 Bed Units. 1 x 1 Bed Unit. 3 Renovated Units (2023) Currently Owner Occupied Suite Could Be Split Into 2 units. 2nd Floor Large 2 Bed Unit Has 2 Entrances And Has Potential To Split As Well. Value-Add Opportunity For The Right Operator. All Units Have Separate Hydro Meters. 3 Gas Meters. Some Long Term Tenants But Vacant Possession Be Discussed. 2 Parking Spots On Property, One Rented From Neighbour. Flat Roof Replaced 2024. Great Investment Property For An Experienced Investor Or First Timer. Current Gross Income $130,000. Insurance $5,980, Hydro $5,400, Gas $5,400, Water $6,600. Easy Access To Subway, Beaches, Shops On Kingston Rd, TTC Bus Stop At Door Step, Birchmount Park & Community Centre. Some Virtually Staged Photos.
Summary
Address
1408 Kingston Road
City
Community
Street
MLSID
E12253723
Property Type
Multiplex
Property Category
Bedrooms
13
Bathrooms
9
Kitchens
7
Taxes (Annual)
$7,246.00
Tax Year
2024
Published
June 30, 2025
Days on Market
8 Days
Possession Type
60-89 Days
Inclusions
7 Fridges, 7 Stoves, 2 CAC, 4 HWT, 1 Heat Pump & 3 Furnaces
Exclusions
All Fixtures belonging to tenants
Details
Bathroom 1
3-Piece Second Level
Bathroom 2
3-Piece Ground Level
Bathroom 3
2-Piece Ground Level
Bathroom 4
3-Piece Basement Level
Parking Spaces
3
Parking Total
3
Parking Features
Private, Right Of Way
Architectural Style
2-Storey
Lot Width
55 Feet
Lot Depth
110 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner+Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX WEST REALTY INC.