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521 Brown's Line null in Toronto has been sold

MLS #:
W12160307
Type:
Multiplex, 2-Storey
Approx. SQFT:
2000-2500
Basement:
Apartment
2+1 2+1
40.05 x 115.37 ft lot
PROPERTY HISTORY
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Sc N/A N/A N/A

Listed by Harvey Kalles Real Estate Ltd..

521 Brown's Line null is a Multiplex, 2-Storey and is currently for Sale @ $2,499,900. Taxes in 2024 were $5,265.00.

More homes for sale under 2.5M in Toronto

Fully Renovated Six units. The 2-Storey on 521 Brown's Line null has 2 bedrooms, 6 bathrooms, and is located on a 115.37 x 40.05 ft lot in the community of Alderwood . 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 and renovated in 2021/2022 to condo standards. Each unit features new kitchens, soft close cabinet doors, new bathrooms, new flooring, and includes 6 new appliances (fridge, stove, dishwasher, microwave, washer, and dryer). Upgraded mechanicals, new high-efficiency furnace, 6 new (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 rare opportunity to own a fully stabilized, low-maintenance asset with built-in financing in a high-demand rental market. All rents are market or above (one unit vacant for showings).

6 fridges, 6 stoves, 6 dishwashers, 6 dryers, 6 washers, 6 microwaves, 6 wall mounted AC

The address 521 Brown's Line null was listed for sale (MLS# W12160307) on Tuesday, May 20, 2025.

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  • Date Listed: Tuesday, May 20, 2025
  • Listing Brokerage: Harvey Kalles Real Estate Ltd. - Disclaimer: The information contained in this listing has not been verified by Harvey Kalles Real Estate Ltd. and should be verified by the buyer.
  • City: Toronto

    More 2 bedrooms homes for sale in Toronto

  • Neighbourhood: Alderwood
  • Major Intersection: Brown's Line North of Horner
  • Full Address: 521 Brown's Line null, Toronto, M8W 3V1, ON, Canada
  • Amenities:
  • Taxes: $5,265.00 (2024)