93 Neptune Dr

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93 Neptune Dr, North York
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9 + 9
BEDROOMS
10
BATHROOMS
5 + 5
KITCHENS
53 + 2
ROOMS
C3682906
MLSID
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Property Description
Investment Opportunity To Own This 10Plex In The Bathurst & 401 Area. Same Owner For Almost 30 Years, Stable Tenants And Below Market Rents. 7 X 2 Bedrooms And 3X3 Bedrooms. All Large Units, Huge Corner Lot With 4 Car Garage And Several Parking Spots. 131K Gross Rent, 53K Expenses, Net Income 78,400
Extras
All Units With Separate Hydro Meters, New Roof 2016, Coin Operated Washer And Dryer For Tenant Use
Property Features
Hospital, Library, Park, Public Transit, School
Property Details
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
5000+
Lot Size
66' x 169'
Fronting
South
Taxes
$21,748 (2016)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
6
Driveway
Private
Garage Type
Attached
Listing contracted with Century 21 Leading Edge Realty Inc., Brokerage
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FOR SALE
Discover unmatched potential in this prime location just one block south of Bloor St. Surrounded by stately homes, this this property fully leased 10 Unit building stands as a diamond in the rough, poised to reclaim its position of prominence in this prestigious neighborhood. Nestled on a 50 corner lot, this property with long term and new tenants presents a rare opportunity to revitalize a 10-unit gem that was originally two semi-detached homes. While extensive renovations are needed to restore its former grandeur, the potential for high returns is diverse, ranging from property repositioning for rental income growth or innovative redevelopments strategies. Seize the chance to unlock remarkable value from this premium AAA location.
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