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Islington/Rexdale Outstanding Investment Opportunity! This spacious semi-detached is a perfect addition to any real estate portfolio, featuring an exceptional current rental income of approximately $89,000annually, 9% Cap rate. Situated on a generous premium pie-shaped 1/4 acre lot backing onto a serene park, this property combines tranquility and convenience. This property includes six one-bedroom units, each fully equipped with individual kitchens and bathrooms.
The exterior offers ample parking spaces (over 15 available) along with a detached two-car garage and no side-walk. The property is steps away from TTC, schools, Rexdale Shopping Mall, Costco, Smart Centres, and provides easy access to major highways including 401 and 409. Whether you're looking to occupy a unit and lease the remaining or fully rent out all units, this property offers unmatched versatility and promising returns. (id:27476)
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Updated September 1st 2025 4:08 pm
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