33, Landour, Keelesdale-Eglinton West, Toronto, Residential Freehold
- 6 beds |
- 4 baths |
- 3000-3500 SQFT
Description
Residential Freehold Fourplex For Sale.
Attention savvy investors and portfolio builders! Welcome to 33 Landour Ave, an exceptional, turn-key legal 4-plex meticulously engineered for zero operational maintenance, maximum tenant retention, and effortless hands-off management. Nestled in Toronto's high-demand Keelesdale community, this fully detached multiplex has been completely overhauled with pristine modern finishes and stands fully stabilized with high-quality tenants. Shifting from its previous misclassification as a standard residential home, this asset represents a pure commercial-grade investment pool opportunity. This property runs like an institutional net-lease asset; all signed lease agreements are legally structured so that the tenants pay 100% of the property utilities and handle all day-to-day property maintenance, including snow and grass removal. Delivering a robust gross monthly collection of $9,600 ($115,200/year), this asset provides an incredibly stable, risk-insulated cash flow. Factoring in property taxes, equipment rentals, and other expenses, the property boasts a stabilized, approximate Net Operating Income (NOI) of $98,343 per year. The building features four completely self-contained, light-filled units, each offering independent private entrances, separate in-suite laundry, open-concept layouts, and stainless-steel appliances. Stop chasing older multi-family properties burdened with hidden renovation debt, major capital expenditure projects, and utility expense leakage. Acquire a pristine asset backed by active warranties where the leases are signed and the yield is fully secured. Complete financial packages, verified leases, and expense pro-formas are available upon request.
Property Features: Public Transit
Interior Features: Carpet Free, Water Heater
Cross Street: EGLINGTON &. BICKNELL
Direction Faces: East
Key Facts
- Days on: 0 days
- Mls Status: New
- Bedrooms Total: 6
- Bedrooms Below Grade: 2
- Bedrooms Above Grade: 4
- Den / Family Room: Yes
- Bathrooms Total Integer: 4
- Lot Width: 30.00
- Kitchens Total: 4
- Parking Total: 4
- Parking Spaces: 4
- Parking Features: Private
- Garage Type: None
- Heat Source: Gas
- Heat Type: Forced Air
- Cooling: Central Air
- Living Area Range: 3000-3500 Square Feet
Location 33, Landour, Keelesdale-Eglinton West, Toronto
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