246 Delta Street
Toronto (Alderwood), Ontario M8W4E9

6 beds · 3 baths · 2999.975 - 3499.9705 sqft

ATTENTION TO ALL INVESTORS!!! Here is a Golden opportunity to own this large LEGAL triplex on a big 50x120 feet lot with 100% occupancy. Current Cap rate is 4.1 % but has a Potential to increase to 5.1%. The property has 3 bedroom apartments on main and upper levels with balconies and a 2 bedroom basement apartment. Located in the sought after ""Sherway Gardens"" community with easy access to parks, schools, Trillium Hospital, Humber College, Plazas, Grocery store, Banks, Highways & TTC. 15 mins from Toronto Downtown. This incredible, very well maintained property comes with lots of upgrades AC 2020, Furnace 2020, Windows 2012 & Floors 2019. Upgraded kitchens with quartz countertops, upgraded washrooms with glass standing showers. Don't miss this Opportunity!! (id:39198)

Facts & Features

Building Type Triplex

Year built

Square Footage 2999.975 - 3499.9705 sqft

Stories 2

Bedrooms 6

Bathrooms 3

Parking 8

NeighbourhoodAlderwood

Land size 50.2 x 120.2 FT

Heating type Forced air

Basement typeN/A (Finished)

Parking Type Detached Garage

Time on REALTOR.ca3 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: IPRO REALTY LTD.

Powered by: REALTOR.ca

Home price

$1,949,000

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$17,729 / month

Rent $15,678

Savings $2,051

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$15,625 / month

Rent $15,198

Savings $427

Initial deposit 5%

Savings target Fixed at 5%

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