555 Birchmount Rd
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555 Birchmount Rd
6 Unit Apartment Building $2,186,290 USD ($364,382 USD/Unit) 4.59% Cap Rate Toronto, ON M1K 1P8
Investment Highlights
- Fully Renovated Units: 6 modern, self-contained suites with market rents
- Prime Location: Desirable Scarborough area with great transit and amenities
- Strong Income: $166,372.56 in rental revenue plus $1,595 in laundry income
- Assumable Mortgage: Attractive Financing options available
Executive Summary
This well-maintained, fully renovated 6-unit multiplex offers an exceptional investment opportunity in a prime Scarborough location. Situated on a 10,279.52 ft² lot, the property features 5 two-bedroom suites and 1 one-bedroom suite, all separately metered for hydro, ensuring efficient management and tenant flexibility. With a total rental revenue of $166,372.56 and additional laundry income, the building offers a solid return.
Key features include 7 outdoor parking spaces, excellent transit options, and a desirable walkable neighborhood. The property is under Residential Multiple Zone (RM) and includes an assumable mortgage of $2,276,796 at a favorable 2.19% interest rate, maturing in December 2026. With low operating expenses and fully-renovated suites, this building represents a stable, income-generating asset.
Don't miss out on this unique opportunity to secure a well-capitalized, income-producing property in a growing area of Toronto.
Key features include 7 outdoor parking spaces, excellent transit options, and a desirable walkable neighborhood. The property is under Residential Multiple Zone (RM) and includes an assumable mortgage of $2,276,796 at a favorable 2.19% interest rate, maturing in December 2026. With low operating expenses and fully-renovated suites, this building represents a stable, income-generating asset.
Don't miss out on this unique opportunity to secure a well-capitalized, income-producing property in a growing area of Toronto.
Property Facts
| Price | $2,186,290 USD | Apartment Style | Low Rise |
| Price Per Unit | $364,382 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 4.59% | Building Size | 4,426 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 1.58/1,000 SF |
| Price | $2,186,290 USD |
| Price Per Unit | $364,382 USD |
| Sale Type | Investment |
| Cap Rate | 4.59% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 4,426 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.58/1,000 SF |
Site Amenities
- Laundry Service
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Walk Score ®
Very Walkable (80)
Transit Score ®
Excellent Transit (82)
zoning
| Zoning Code | RM (Residential Zoning) |
| RM (Residential Zoning) |
-
Sergei Timoshenko -
Bosley Real Estate
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555 Birchmount Rd
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