14 HOLMESDALE ROAD, Toronto (Caledonia-Fairbank), Ontario, M6E1Y1

Property Description

Newly constructed, turnkey fourplex built by Modcity, Toronto's leading fourplex and sixplex developer. Fully leased. This purpose-built investment property features four 1,125 sf 3+1bedroom, 2 bathroom suites with two front pad parking spots designed for long term tenant retention and operational efficiency. All units offer identical, functional floorplans finished with custom millwork kitchens and bathrooms, engineered hardwood flooring, quartz countertops and premium appliances including gas range, in-suite stacked washer dryer, tankless water heaters and dedicated furnaces. Each suite is individually metered for heat and hydro. Constructed with durability and energy efficiency in mind to minimize near term capex and long term maintenance risk, the building features higher end Reynaers windows and doors, enhanced acoustic separation between floors, smart thermostats, keyless entry and building wide internet infrastructure. Situated in a high demand Toronto rental corridor benefiting from the newly opened Eglinton Crosstown LRT, this fully leased property presents a rare opportunity to acquire a low maintenance, new construction fourplex offering immediate cash flow and long term appreciation potential. (id:64974)

Quick Facts

• Property Type: Fourplex
• Bedrooms: 12 (9 above, 3 below)
• Bathrooms: 8
• Attached: Yes
• Parking: 2 spaces (No Garage)
• Frontage: 25 ft (7.6 m)

Costs

• Annual Taxes: $3,325.52

Listing Provided by: KW Living Realty
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.