1364 WILSON Avenue

Incredible turn key investment opportunity with strong CAP rate in convenient North York Downsview neighbourhood, just a short distance from Humber River Hospital, public transit, 401 access and Sheridan Mall. Legal 4 Plex with city approval. Top two apartments offer generous 3 bedroom $1815+hydro and 3 bedroom + den $1825+hydro (both long term tenants under market rent) both with private 17.5 ft wide balconies. 2 - 1 bedroom units $1900+hydro and $1450 including hydro. 3 storage lockers and shared coin operated laundry in basement. Large backyard common area. 4 hydro meters, tankless owned water heater, 6 parking spots. Building has been updated throughout. Excellent, long term AAA Tenants. Don't miss out on this rarely offered investment. (id:67197)

Price

$1,495,000

Property Type

Multi-family

Transaction Type

For sale

Bedrooms

8

Bathrooms

4

Parking

6

MLS® Number

40861412

Interior Size

3750 sqft

Year Built

1959

Ownership Type

Freehold

Building Type

Fourplex

Bathrooms

4

Basement

Full (Finished)

Basement Development

Finished

Cooling

Wall unit

Exterior Finish

Brick Veneer, Stucco

Fireplace

No

Heating

Baseboard heaters

Interior Size

3750 sqft

Stories

2

Water

Municipal water

Year Built

1959

Size Frontage

32 ft

Size Depth

120 ft

Acreage

No

Sewer

Municipal sewage system

Amenities Nearby

Hospital, Park, Place of Worship, Public Transit, Schools, Shopping

• Southern exposure
• Paved driveway
• Hospital
• Park
• Place of Worship
• Public Transit
• Schools
• Shopping

Ownership Type

Freehold