Toronto W03, ON M6H 3H3,93 Northcliffe BLVD
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Toronto W03, ON M6H 3H3,93 Northcliffe BLVD
Toronto W03, ON M6H 3H3,93 Northcliffe BLVD
Toronto W03, ON M6H 3H3,93 Northcliffe BLVD
Toronto W03, ON M6H 3H3,93 Northcliffe BLVD
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Alexandra York

Alexandra York

Engel & Völkers

+1(613) 852-9720
$ 2,489,000
Est. payment /mo
New

93 Northcliffe BLVD Toronto W03, ON M6H 3H3

8 Beds

4 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Corso Italia-Davenport

MLS Listing ID W12397266

Style 2-Storey

Bedrooms 8

Building Age 100+

Annual Tax Amount $10,658

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Gorgeous 100+ year old purpose built 4-unit multiplex in the heart of the prestigious Regal Heights Neighbourhood in Corso Italia. Offering over 4,000 sqft of living space plus a 2,000+ sqft basement. Each of the four spacious units ranges between 1,000-1,200 sqft and features 2 bedrooms, with every tenant enjoying access to approximately 500 sqft of basement space. This fully tenanted property generates excellent income with a cap rate of approximately 4%, supported by current rents of $1,500, $2,600, $2,600, and $2,800, plus additional income from a double detached garage rented at $525/month each. Estimated annual expenses including taxes, heat, water, insurance, and grounds maintenance are just $30,000, making this a strong and reliable investment. NOI of $95,000 annually. Meticulously maintained by a private owner with true pride of ownership, this property has seen recent upgrades including a new roof, new windows, and an updated breaker electrical panel. Perfectly situated in vibrant Regal Heights, steps to all that St. Clair Ave W has to offer! Shops, restaurants, TTC transit (street car stop right across the street), and community amenities, this is a rare opportunity to own a turnkey, income-generating multiplex in one of Torontos most desirable and culturally rich neighbourhoods.

Location

State ON

County Toronto

Community Corso Italia-Davenport

Area Toronto

Rooms

Family Room No

Basement Apartment

Kitchen 4

Interior

Interior Features None

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Parking Features None

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.0

Lot Depth 120.0

Total Parking Spaces 2

Building

Unit Features Library,Park,Place Of Worship,Public Transit,Rec./Commun.Centre,School

Foundation Concrete Block

Others

Security Features None

ParcelsYN No

Virtual Tour https://westbluemedia.com/0925/93northcliffe_.html


Listed by KELLER WILLIAMS REFERRED URBAN REALTY
Alexandra York

Alexandra York

Salesperson | License ID: 5021529

+1(613) 852-9720

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