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521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto
  • 521 BROWN'S LINE Toronto

521 BROWN'S LINE, Toronto, Ontario

$2,499,900

  • 2,400 Square Feet

Fully Renovated Six units. 5% CAP RATE! Assumable mortgage of $1,745,000 at 4.25% (to 2032).CMHC-Insured Mortgage. South Etobicoke Gem. 5.5% return on cash! All units renovated to New Condo Standard! Exceptional turnkey 6-unit building fully gutted and renovated in 2021/2022 to condo standards. Each unit features new kitchens, soft close cabinet doors, new bathrooms, new flooring, and includes 6 new appliances (fridge, stove, dishwasher, microwave, washer, and dryer). Upgraded mechanicals, new high-efficiency furnace, 6 new (wall mounted) AC systems, and modern finishes throughout make this a rare hands-off investment. Strong rental income with a current 5% cap rate. Private drive with parking for 5 cars. Outstanding investor advantage with an assumable CMHC-insured mortgage of $1,745,000 at 4.25%fixed until December 2032, providing below-market financing and excellent cash flow stability. Located in desirable South Etobicoke, close to transit, major highways, and amenities. A rare opportunity to own a fully stabilized, low-maintenance asset with built-in financing in a high-demand rental market. All rents are market or above (one unit vacant for showings). (id:23309)

  • Listing ID: W12160338
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Public Transit
  • Transaction: For sale
  • Zoning Description: RM9u3*18)

Building

  • Appliances: Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator
  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Heating: Other
  • Size Interior: 2400 sqft
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit
  • Size Frontage: 40 ft
  • Size Irregular: 40.05 x 115.37 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 521 BROWN'S LINE in Toronto Ontario. It was last modified on May 20th, 2025. Contact Jim Chu to schedule a viewing or to discover other Toronto real estate for sale.

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