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$ 1,100,000
Est. payment /mo
Pending
33 Falstaff AVE Toronto W04, ON M6L 2C6
3,606 SqFt
UPDATED:
03/10/2025 08:56 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Pending
Purchase Type For Sale
Square Footage 3,606 sqft
Price per Sqft $305
Subdivision Rustic
MLS Listing ID W11998336
Annual Tax Amount $3,705
Tax Year 2024
Property Sub-Type Investment
Property Description
This well-maintained and renovated (2022) three-unit property in the sought-after Rustic/Maple Leaf/Oakdale - Beverly Heights neighborhood offers a rare turnkey investment opportunity with a strong 8.5%+ cap rate. Featuring three well-managed units, the property has undergone extensive upgrades, including new kitchens and new baths, a new main-floor addition at the rear, a 200 AMP electrical panel, and a 1-inch water supply. Structural and exterior improvements include a new roof, new weeping tile in the front, new concrete slab at the front entry, a new sewer line with backflow preventer, and fresh driveway sealant. A brand-new furnace and new power-vented hot water tank (owned) ensuring energy efficiency. New flooring throughout all three floors of the house and freshly painted. Concrete patio slabs in the rear. This prime location provides easy access to shopping, transit, parks, and major highways(401/400/Black Creek), as well as to the Jane and Wilson Shopping Mall. With an estimated annual rental income of $104,000 and the possibility of full vacant possession, this property is ideal for investors or owner-occupiers looking for a high-yield, move-in-ready opportunity.
Location
Province ON
County Toronto
Community Rustic
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 30.0
Lot Depth 120.0
Others
Security Features No
Virtual Tour https://www.houssmax.ca/vtournb/h9625972
Listed by HARVEY KALLES REAL ESTATE LTD.