+33 more
16
Bedrooms
11
Bathrooms
4,250 sqft
Living Area
4,618 sqft
Lot
2
Parking
About This Property
This 16-bedroom, 11-bathroom multiplex in Toronto offers 4,250 sqft of living area on a 4,618 sqft lot. The property has cross street Lake Shore Blvd W & Kipling Avenue, zoned C1-AV. The home features wall unit(s), a apartment basement.
MLS Remarks
This very profitable legal apartment building comprises ten well-maintained units, strategically situated just two minutes away from Humber College. Its prime location makes it a highly desirable investment for those seeking strong returns and stable demand. The property offers versatility in management, as it can be operated either as a traditional rental or as an Airbnb business. This flexibility provides potential owners with the opportunity to choose the model that best suits their investment strategy and market conditions. The current tenant base is primarily composed of Humber College students. This revolving tenancy ensures a steady influx of occupants, contributing to the building's consistent profitability year after year. Significant renovations were completed in 2017 and 2019, resulting in the building being in excellent condition. These upgrades have enhanced the property's appeal and ensured that all units meet modern standards. The building is equipped with advanced security and safety amenities, including: Keyless/Key scan access for secure entry; API fire monitoring system; 24/7 security cameras installed throughout the premises; LED lighting for improved visibility and energy efficiency. A new roof was installed in 2017, providing long-term durability and protection. Additionally, the building features a tankless boiler system, ensuring efficient heating and optimal energy usage for all tenants. The units have separate meters (7 existing and 4approved).
Property History
MLS# W12803806| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Feb 19, 2026 | Listed For Sale | W12803806 | $3,999,900 | — |
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Overview
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