104 Neptune Drive
Toronto (Englemount-Lawrence), Ontario M6A1X4

6 beds · 3 baths · null

GREAT RESIDENTIAL TRIPLEX! OVER 7% CAP RATE POTENTIAL. PERFECT FOR INVESTORS OR MULTI-GENERATIONAL LIVING. UPDATED/RENOVATED THROUGHOUT. EACH OF THE THREE UNITS IS A VERY SPACIOUS, SELF-CONTAINED 2-BEDROOM, 4 PC BATH WITH FULL KITCHEN APARTMENT. 2 NEW KITCHENS (UNIT #2 & UNIT#3). UNIT #1 KITCHEN WAS RENOVATED PREVIOUSLY AS WELL. FLOORING IS A COMBINATION OF HARDWOOD FLOORING, ENGINEERED HARDWOOD FLOORING AND VINYL WATERPROOF PLANK FLOORING. BATHROOMS HAVE ALL BEEN UPDATED. UPDATED WINDOWS. WATERPROOFING WAS DONE NOT LONG AGO ALONG THE BUILDING FRONT WALL. PORCH RAILING IS ALSO AN UPDATE, AS WELL AS, THE FRONT ENTRY PORCH ITSELF. SAFETY SENSOR LIGHTS ON THE COMMON STAIRWAYS/LANDINGS. TWO OVERSIZED SINGLE GARAGES AT THE REAR OF THE BUILDING. OUTDOOR REAR STORAGE SHED. ON SITE LAUNDRY ROOM WITH COIN OPERATED MACHINES FOR TENANTS CONVENIENCE ALSO ADD TO YOUR REVENUE STREAM. NEW RENTAL HIGH EFFICIENCY BOILER SYSTEM. SMOKE DETECTORS. MAIL IS DELIVERED INDEPENDENTLY TO EACH MAILBOX. ALL 3 UNITS ARE SEPARATELY METERED! IMPECCABLY KEPT AND FRESHLY PAINTED! DEDICATED PARKING FOR EACH UNIT PLUS GUEST PARKING AVAILABLE. CLOSE PROXIMITY TO ALL AMENITIES. QUICK ACCESS TO SUBWAY/PUBLIC TRANSPORTATION AND HIGHWAY. DON'T MISS THIS OPPORTUNITY TO INVEST IN A PROPERTY WITH CONSISTENT RENTAL DEMAND AND AN EXCELLENT LOCATION. IDEAL FOR TURNKEY INVESTORS OR END-USERS. SELLER IS MOTIVATED TO SELL. A RARELY AVAILABLE RESIDENTIAL MULTIPLEX. RESIDENTIAL FINANCING IS AN ADDED VALUE. A WONDERFUL CHANCE TO START OR EXPAND YOUR INVESTMENT PORTFOLIO. THE PROPERTY IS IN STELLAR CONDITION AND TRULY A REMARKABLE OPPORTUNITY FOR BUYERS. **** EXTRAS **** KITCHENS INCLUDE CAESAR STONE COUNTERS, DOUBLE SINKS, NEWER APPLIANCES, LARGE BEDROOMS, LARGE LIVING & DINING ROOMS, PLENTY OF PARKING ON SITE. (id:39198)

Facts & Features

Building Type Triplex

Year built

Square Footage

Stories 2

Bedrooms 6

Bathrooms 3

Parking 5

NeighbourhoodEnglemount-Lawrence

Land size 26.46 x 140.93 FT

Heating type Radiant heat

Basement typeFull

Parking Type Detached Garage

Time on REALTOR.ca0 days

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

Brokerage Name: ROYAL LEPAGE TERREQUITY REALTY

Powered by: REALTOR.ca

Home price

$1,575,000

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.

$14,327 / month

Rent $12,670

Savings $1,657

Initial deposit 2%

Savings target Fixed at 5%

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

$12,627 / month

Rent $12,282

Savings $345

Initial deposit 5%

Savings target Fixed at 5%

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