521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto

521 BROWN'S LINE, Toronto, Ontario

$2,499,900

  • 3 Beds
  • 6 Baths

Fully Renovated Six units. 5% CAP RATE! Assumable mortgage of $1,745,000 at 4.25% (to 2032).CMHC-Insured Mortgage. South Etobicoke Gem. 5.5% return on cash! All units renovated to New Condo Standard! Exceptional turnkey 6-unit building fully gutted andrenovated in 2021/2022 to condo standards. Each unit features new kitchens, soft close cabinetdoors, new bathrooms, new flooring, and includes 6 new appliances (fridge, stove, dishwasher,microwave, washer, and dryer). Upgraded mechanicals, new high-efficiency furnace, 6 new central(wall mounted) AC systems, and modern finishes throughout make this a rare hands-off investment.Strong rental income with a current 5% cap rate. Private drive with parking for 5 cars.Outstanding investor advantage with an assumable CMHC-insured mortgage of $1,745,000 at 4.25%fixed until December 2032, providing below-market financing and excellent cash flow stability.Located in desirable South Etobicoke, close to transit, major highways, and amenities. A rareopportunity to own a fully stabilized, low-maintenance asset with built-in financing and upsidein a high-demand rental market. All rents are market or above (one unit vacant for showings). (id:56241)

  • Listing ID: W12160307
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Public Transit
  • Parking Spaces: 6
  • Transaction: For sale

Building

  • Appliances: Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
  • BasementType: N/A
  • Basement Features: Apartment in basement
  • Bedrooms Main Level: 2
  • Bedrooms Lower Level: 1
  • Cooling: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Bathrooms (Total): 6
  • Heating: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Size Interior: 2000 - 2500 sqft
  • Stories Total: 2
  • Type: Other
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit
  • Sewer: Sanitary sewer
  • Size Frontage: 40 ft ,1 in
  • Size Irregular: 40.1 x 115.4 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 521 BROWN'S LINE in Toronto Ontario. It was last modified on May 20th, 2025. Contact us to schedule a viewing or to discover other Toronto real estate for sale.

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