Property Overview

PRICE

$3,995,000

SIZE

4,719 AG sq ft + 2,295 BG sq ft

BEDROOMS

11

BATHROOMS

13

OTHER

4 Balconies, Gated Electronic Parking for 10 Cars, 6 Separate Hydro Meters, In-Suite Laundry in Every Unit, Superintendent/Property Management office/shower and kitchen, security system, every unit FULLY Renovated and ALL VACANT, brand new 2024 Boiler Owned, Aluminium windows, Roof 8 Years old, brand new Air Conditioning in every unit.

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DETAILS

6 Unit Multiplex (5 Two Bedrooms - 1 One Bedroom)

Opportunity of a lifetime to own this Fully Renovated from Top to Bottom Multiplex in one of the most high demand areas of Long Branch, Etobicoke, Toronto, steps to the lake. Situated on a massive 70 ft. x 146 ft. lot facing East. Surrounded by Multi Million dollar homes and sprawling condo and townhome developments. This 6-unit Multiplex has FIVE 2-Bedroom Apartments and ONE 1-Bedroom Apartment. All Vacant and ready to put your perfect tenant inside! Private electronic gated 10 spot parking! Tenant Green Space in front and back, great curb appeal with brick exterior, walking distance to Junior and High Schools, Lake Ontario, Parks, TTC, Gardiner Expressway, close to Long Branch GO Train. Units will rent in a heartbeat! All units fully renovated, sound proofed, with brand new Air Conditioners installed, and all units have IN-SUITE Laundry! 4 Units with Balconies. Front and Back door entry/exit. Separate Superintendent/Property manager management office, shower, kitchenette, security system on site! These 11 Bedrooms have a potential of making a conservative $220,000 in Gross Annual Income, amazing Investment Opportunity easily rented and very low tenant turnover in a high demand area. Buy now and get a foothold in the area, and reap the benefits of the investment and then tear down and build 2 multimillion dollar homes down the road, or do nothing and relax as the entire multiplex has been renovated and is ready to earn you considerable return!

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Neighbourhood Overview

Long Branch, nestled in Mississauga's vibrant landscape, is a picturesque lakeside community that seamlessly blends historic charm with contemporary living. Known for its serene ambiance, the neighborhood boasts beautiful parks like Long Branch Park and Marie Curtis Park, offering residents and visitors ample green spaces for relaxation and recreation. The lakeshore area is dotted with cozy cafes, diverse dining options, and unique boutiques, creating a lively social scene. Long Branch's residential streets are lined with a mix of charming older homes and modern developments, catering to various lifestyle preferences. The community is well-connected with convenient transit options, including the Long Branch GO Station, making it easy for commuters to access downtown Toronto and other parts of the GTA. Families are drawn to the area for its excellent schools and family-friendly amenities, while professionals appreciate the peaceful environment and easy access to urban conveniences. Overall, Long Branch is a sought-after neighborhood that offers a high quality of life with its scenic beauty, rich history, and modern amenities.

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