This exclusive 12-unit apartment building in Toronto's East End offers a high-yield
investment with a 2023 net operating income of $313,042 and a 5.8% cap rate. With
1 bachelor unit and 11 two-bedroom units, this 3-storey walk-up features intercom
access, coin-operated laundry, and 8 rentable parking spaces, all designed to
maximize income potential. Strategically upgraded, the property includes renovated
kitchens, bathrooms, fresh paint, modern flooring, and 100-amp panels in each
unit. A new boiler (2021) and 13 hydro meters add efficiency, making it an
attractive choice for tenants and owners. Located near Danforth Village, Main
Street Subway, and Danforth GO, the building is ideally situated for commuters,
providing easy access to downtown Toronto and nearby amenities like parks,
schools, and Greektowns vibrant community. High demand and rising rental rates
make this area highly sought-after with low vacancy rates. With limited new
construction, this property stands out as a turnkey investment with strong cash
flow in a growing market.More details
12,000 s.f. building currently a 23 room retirement home/rooming house. Seller has made application to rezone to residential to permit 16 units in main building plus sever the house on the property to permit 2 more units in house plus 2 garage buildings that may be able to be converted for residential. Retirement home operated for the past 20+ years. Currently Vacant. Built in 1962 with block and cement flooring with renovations most recently completed in 2023 included upgrades to plumbing and installation of a sprinkler system. Being sold with plans and zoning for multi res use, or can be run as retirement home still. Main building is 8600 sq. ft. with attached 2 unit duplex (House) 3400 sq. ft. Currently 25 private rooms in main building plus, living room, kitchen, multiple washrooms, office, laundry room. Attached house with 2 full additional living quarters, garage and shop buildings also on the property. Nicely situated on large lot overlooking Georgian Bay. Close to Village Square Mall, St Ann's Church, the Penetanguishene legion and the Main Street amenities.More details
Kitchener-Waterloo is growing, with record-setting population growth in 2024, and a diverse local economy powered by top academic institutions. 96 Duke Street West, is downtown Kitchener’s premier development site opportunity. Featuring over a half-acre rectangular site (.503) located adjacent to the Central LRT station, across from City Hall and approximately 500m or less from the Transit Hub of Waterloo Region (with future all-day train service to Toronto). With highly flexible D-5 zoning, this site could potentially house a 30+ storey high-rise residential tower someday. Ask for a copy of our land use study from Planner Mitchell Baker. Currently on the property is a 35-car parking lot providing rental income and a 17-unit multi-family building, well maintained and managed with stable tenancy. This is an excellent holding asset while plans are laid. Join the growth of Waterloo Region and develop an investment location that offers many directions. For a complete list of the rent roll and further information on the property contact the brokerage directly.More details
CALLLING ALL INVESTORS! A rare opportunity as has come to own this giant, income generating building. With a cap rate of over 7% it will sell fast! Add this to your portfolio and settle into an early retirement. Some updates include a new roof (2020), fire alarms (2023), windows (2021, 2025) newly renovated units 19A & 19B. This building consists of 7 one bedroom, 1 bath apartments. Each has a gallery style kitchen that opens to a spacious living room, a large bedroom and bath including a front hall closet. All 7 units are upstairs separated by a beautiful brick hallway. This building also features a separate laundry room with 1 coin operated washer & dryer. (extra income). On the main floor you will find 2 newly renovated, one bedroom apartments with their own ground floor access. Also on ground level is a generous 2000 sq.ft. studio apartment with 20' ceilings and 2 baths, making this the perfect multiuse space.
The front of the building has 2 commercial retail spaces, one 500 sq.ft., the other 2500 sq.ft. both with their own bathroom. The basement is unfinished and could also provide potential income. All 12 units are occupied and well maintained. Don't waste time, inquire how this building can kickstart your retirement today! Please refer to alternate MLS 40704040More details
Listed by RE/MAX ERIE SHORES REALTY INC. BROKERAGE
Discover a meticulously maintained multi-family investment with market-competitive rents. This unique opportunity features TEN townhome units, all included under a single title in a prime location, with condominium conversion potential. Average rent in the property is $2,299 per month plus all utilities.
Each of the ten units underwent a comprehensive renovation in 2020, including new flooring, modern kitchens and baths, new appliances and fire safety systems. The property consists of 6 two-bedroom and 4 three-bedroom townhomes, designed with a common hallway and private entrances at the back of each unit.
All units are self-contained, featuring finished basements that provide additional living space, as well as individual furnaces, air conditioning, hot water heaters, and in-suite laundry machines. Tenants are responsible for their own utilities, while the owner pays for hallway lighting, waste removal, snow clearing, landscaping, and insurance.More details
The Investments Group is pleased to present a unique mixed-use investment opportunity in Simcoe’s downtown district. This asset includes five fully completed condo-style residential units with in-suite laundry, two main-floor commercial units offering prime street exposure, and five self-contained lower-level commercial units. A significant value-add opportunity exists with the approved permit for three additional residential units on the main floor, providing investors with an NOI lift that enables takeout financing within a short timeframe.More details
Listed by Royal LePage Burloak Real Estate Services
DUPLEX + 12-PLEX - ATTENTION INVESTORS! Unique real estate assembly on 14 Brubacher St. (Duplex) and 16-18-20 Brubacher St. consisting of 4 bachelor units, 6 one-bedroom units and 2 two bedroom units sold together. All tenants pay their own hydro with 14 separate hydro meters, newer furnaces, 1 shared washer and dryer at 12-plex and parking for 11 vehicles total. 3 hot water tanks 1 rented and 2 owned. Half of the units have seen upgrades in last couple of years. Ideally positioned in the heart of Kitchener's Central Frederick neighborhood. Located within walking distance of the LRT, & close to the University of Waterloo’s School of Pharmacy, this area is close to major employers such as Google & the Innovation Centre, & provides easy access to Toronto via the nearby GO Train. The neighborhood is bustling with cultural attractions including Centre in the Square, Kitchener Market, The Museum, Library, & dining options. It’s a thriving hub of innovation/growth, further enhanced by Victoria Park & Kitchener Auditorium, adding to the area's appeal. 3 units are currently vacant and can be shown anytime, and one will be vacant by end of March.More details
This 24-unit apartment building offers investors a rare opportunity to acquire a value-add, multi-family asset in downtown Burlington – one of Canada’s most sought-after residential neighbourhoods. This easy to manage 4-storey building has (8) one-bedroom units and (16) two-bedroom units with no elevator or underground parking and separately metered hydro. It also features three new IBC WIFI gas boilers. There is significant revenue growth potential with a 45% rental upside and future development potential. Located steps to restaurants, nightlife, shopping and cultural attractions. Just a short walk to the beautiful waterfront of Lake Ontario, the Brant Street Pier & Spencer Smith Park. With a Walk Score of 96 and easy access to public transit, every amenity is right at the doorstep. This neighbourhood is a gateway to the downtown core of Burlington and there is major highway access nearby easily connecting this area with downtown Toronto, Hamilton or Niagara.More details
ATTENTION HOME BUYERS AND INVESTORS! Welcome to 111-113 Joseph St., Kitchener where opportunities abound. This legal triplex presents numerous possibilities. Presently with 3 great tenants or consider occupying one unit for yourself while utilizing the other two separately hydro-metered apartments to assist with your mortgage payments. Whether you're looking to support
family members, secure a solid investment, or both, this property stands out in burgeoning Downtown Kitchener. But wait, there's more! Benefit from additional income generated by owned solar panels, it’s like having a fourth unit. All current tenants are open to staying. Some of the recent upgrades include… All new Windows (2023), Two New Furnaces (2022), Central Air in Unit 113 (2022) 3 New Tub Surrounds & Tub Fixtures (2022) All new Electrical Panels (2022) Much of the Front Porch and Upstairs Balcony Replaced (2022) And let's talk location! Situated on quiet, one-way Joseph Street within the charming Victoria Park Heritage District, this property offers the perfect blend of tranquility and urban convenience. Just steps away from Kitchener's picturesque Victoria Park, you'll also find yourself in the heart of the action. Explore downtown Kitchener on foot, with shops, restaurants, nightlife, museums, and cultural venues like the Centre In The Square, all just a short stroll away. If you're part of the high-tech scene, you're in luck – major employers like Google, Communitech, D2L, and mor (see attached)More details
Investment Potential! Don't miss out on this beautiful Triplex that screams great Investment! Welcome to 43 Port St. Brantford. This 1890's Victorian style home has had many great improvements which include: windows, doors, roof, eaves, boiler and electrical all done within the last 6 years. Boasting of 3 one bedroom apartments and 2 that are currently vacant, this property is waiting for someone to put their special touches on the interior and reap the financial rewards. Whether you are moving into a unit and renting the other 2 or renting all 3, this is a no brainer. All units have their own appliances, separate hydro meters and their own parking space. Also included is a large fenced in backyard and a 24 x 18 barn that could pull in extra rental income or use for your own personal storage. Don't hesitate on this solid home, book your appointment today!More details
Listed by RE/MAX ERIE SHORES REALTY INC. BROKERAGE
Rare legal triplex perfectly situated in a prime Hamilton Mountain location! This unique property offers a fantastic investment opportunity with three separate units on an oversized lot, just moments away from essential amenities. The main floor unit features a spacious layout with two bedrooms, a full bathroom, and convenient laundry facilities - this unit could easily be split to add a 4th unit. On the upper level, you'll find two additional units, each offering one bedroom and one bathroom. The property also includes a detached garage that generates additional revenue, enhancing the investment appeal. Vacant possession will be provided on closing! Don't miss out on this rare opportunity to own a lucrative rental property. Contact us today for more details and to schedule a viewing!More details
This multi unit property is a blank canvas for your creativity to use as you need! CB zone allows for many uses and perfectly located in the Vacation Rental unit boundaries within Niagara Falls! Front unit can be used as commercial, with residential bachelor unit in rear and large 2BR unit on second storey complete with skylights, in suite laundry and beautiful open concept living space. Oversized garage/workshop in the rear offers endless opportunities for additional dwelling units or rent out as it is for additional income. 300m to Niagara GO and VIA rail transit, minutes to the USA border, Clifton hill tourist area and casino. Opportunity awaits in this amazing property!More details
Data was last updated April 25, 2025 at 09:15 PM (UTC)
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