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90 Trethewey Dr 6 Unit Apartment Building $1,499,000 CAD ($249,833 CAD/Unit) 6.75% Cap Rate Toronto, ON M6M 4B4
Investment Highlights
- Easy access to Hwy 401 & 400
- Walking distance to local schools
- Near public transit
Executive Summary
Purpose-Built Multiplex - Six Spacious Units! One unit will be vacant on closing. Well-maintained detached building near Eglinton & Black Creek, offering 5 large two-bedroom suites plus 1 bachelor. Conveniently located with easy access to Hwy 401 & 400, TTC service on Trethewey with a direct bus to the new Eglinton Crosstown Subway, and within walking distance to local schools. Building Highlights: Roof(2018), Furnace (2009), Boiler (2009) Garage doors (2017) All units converted from fuses to breakers (2019). No knob & tube wiring. Approx. 6,888 sq. ft. (per attached floor plans, including basement) 5-car garage. Income: Gross annual rent of $101,240 (Approx., as per Seller). Important Notes: Fully tenanted. All tenants to be assumed. Vacant possession will not be provided. Photos are from a previous listing; current floor plans attached.
Property Facts
| Price | $1,499,000 CAD | Apartment Style | Garden |
| Price Per Unit | $249,833 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 6.75% | Building Size | 4,922 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | Parking Ratio | 1.42/1,000 SF |
| Zoning | RM-2 - Multi-Family | ||
| Price | $1,499,000 CAD |
| Price Per Unit | $249,833 CAD |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,922 SF |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.42/1,000 SF |
| Zoning | RM-2 - Multi-Family |
Amenities
Unit Amenities
- Washer/Dryer
- Refrigerator
- Oven
Site Amenities
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 6 | - | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Strong public transit
80/100
Fairly bikeable
50/100
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Photos
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90 Trethewey Dr
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