119-121 Cheritan Ave
Lawrence Park South, North York, M4R 1S8
FOR SALE
$5,099,000
Suspended
$0
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9 + 6
BEDROOMS10
BATHROOMS6 + 4
KITCHENS46
ROOMSC4443054
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-05-08 | 2019-07-26 | 79 | $5,099,000 | - | Suspended |
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Property Description
This Residential Multiplex Is Located In Coveted Lytton Park And Has 10 Units (6 Legal, 3 Non-Conforming Plus 1 More Legal Unit, Which Is In The Process Of Being Built). This Building Is Situated On A Stunning Pie Shaped Corner Lot On The Ravine (Approx 1/3 Of An Acre). Most Units Renovated. Includes 6 Car Parking. Amazing Schools (John Ross, Gleview, Lpci, Havergal) & Short Walk To Yonge & Lawrence
Extras
Included: 10 Kitchens, 6 Two Bedroom Suites, 4 One Bedroom Suites. 6 Ensuite Washer/Dryers + 1 Shared Coin Laundry. $250,160 Gross $32,161 Expenses. 4.2% Cap Rate & Room To Improve. Roof '16, Boiler '18, Sump Pumps '14, 2 Hot Water Tank Owned.
Nearby Intersections
Avenue & Lawrence (67)
Yonge & Lawrence (61)
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Property Details
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Community
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Property Type
Multiplex, 2 1/2 Storey
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Similar Listings
Exceptional 10-unit investment property in South Etobicoke. Completely renovated in 2018, featuring new wiring, plumbing, and modern kitchens with quartz counters and stainless steel appliances. Each unit includes in-suite laundry and A/C. The basement's height is 7.6 feet, and a security system with 6 cameras provides peace of mind. A 2020 roof and 6 parking spaces complete this impressive offering. The total square footage, as per floor plans, measures an impressive 6,648 square feet. The property's location adds to its appeal, with its proximity to the waterfront, walking/cycling trails, schools, Humber College's Lakeshore Campus, and public transit (including GO Train access). The existing mortgage is available for takeover at a rate of 3.30% with a maturity date at the end of 2028.
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