454 Donlands Avenue Toronto, Ontario M4J 3S5

$1,499,000

Exceptional Legal Four plex with 7 Total Units / 5 Vacant on Possession! Meticulously well maintained, this rare multi-use property presents a unique opportunity for investors or end-users. With five units vacant upon possession, you have the flexibility to set your own rents and maximize returns. The property offers a projected gross income of over $125,000 annually, with low operating expenses. Ideal for a variety of buyers: use the spacious top-floor as an generous sized owners suite while generating strong rental income, or purchase as a long-term investment. Its also a smart option for families looking to secure a first home for their children, with rental income to offset costs. Ideal intergenerational living and still have units to rent out. Multiple Options! Large 1.5 car garage for additional rental or potential future laneway suite access for extra income. A few short bus stops to Donlands Subway, nearby upcoming Ontario Line. Walk to quaint shops nearby. Easy access to DVP and a few short minutes to Yonge & Bloor by subway or car. Available For Financing, Please Speak To Listing Agent. Rare offering! (id:35762)

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https://www.realtor.ca/real-estate/28306056/454-donlands-avenue-toronto-east-york-east-york