65 Blackthorn Ave

Semi-Detached For Sale in Weston-Pellam Park, Toronto W03

$1,275,000
This updated multiplex home presents a great turnkey investment opportunity in the Earlscourt neighborhood for those interested in investing in Toronto's freehold market! Fully rented with tenants in place, this property currently generates $6,520 per month ($78,240 annually) and a cap rate of 5.1% with potential for higher market rents. Live in the upper unit and have $4,265 monthly income .The house comprises 2 x 2-bedroom apartments on the upper levels and 1 x 1-bedroom apartment and 1 bachelor suite on the lower level, all with separate private entrances. The front basement apartment has a street-facing entrance. Additionally, the detached garage offers potential for a laneway suite build. The home boasts solid finishes throughout, such as hardwood floors on the upper levels, granite counters, and recently renovated bathrooms. There's a coin-operated mutual laundry area, and the property features central air conditioning and heating.
Address 65 Blackthorn Ave
List Price $1,275,000
Property Type Free
Type of Dwelling Semi-Detached
Style of Home 2-Storey
Area Toronto W03
Sub-Area Weston-Pellam Park
Bedrooms 4
Bathrooms 4
MLS® Number W8219814
Listing Brokerage RE/MAX ULTIMATE REALTY INC.
Postal Code M6N 3H4
Tax Amount $3,118
Tax Year 2024

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Drury Brown

Remax Ultimate

1192 St Clair West Toronto ON M6E 1B4

Office: (416) 996-2572

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