Selling

45 Strathmore Boulevard, Toronto, ON M4C 1N5

$1,499,900

  • Jun 13, 2025
  • Toronto E03, Ontario

Description
5.17 CAP RATE! Rare multi-unit investment in prime Danforth location. Upgraded 4-unit property offering a current 5.17% cap rate and A+ tenants. Literally steps to the subway, this turnkey opportunity features a 2-bedroom unit across main and basement levels with updated kitchen and walkout to south-facing yard. Upper levels each offer bright 1-bedroom units; the top floor with loft-like feel and balcony. The newly underpinned basement bachelor has a private walkout, separate entrance, and upgraded foundations and drainage. Secure common entrance with laundry, bike storage, and solid double-car garage with laneway house potential. Significant capital improvements already completed. Stable income in a high-demand rental market with future upside. 1 x 2-Bedroom Unit: Spanning the main and lower levels, this unit features a renovated kitchen with smart hotplates, ample counter space, and access to a south-facing backyard. Includes one bedroom on the main floor and a second bedroom with a large bathroom and generous storage in the high basement. 1 x 1-Bedroom Unit (Second Floor): Bright and spacious with abundant natural light, offering an open layout and comfortable living space. 1 x 1-Bedroom Unit (Third Floor): Loft-style unit with a walkout to a private balcony and unobstructed views, creating a unique and airy living space. 1 x Bachelor Suite (Basement): Newly underpinned and upgraded, featuring its own private walkout, separate entrance, sun-filled living area, new foundations, drainage system, and sump pump. Total 3,239 square feet including basement (Floorplans). FREE property management services for one year, ask LA for details. November 2024 Home Inspection available
Overview
MLS ID: E12160680
Type: Detached
Bedrooms: 5
Bathrooms: 4
Square: 2,250 m²
Price: $1,499,900
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: Wall Unit(s)
Heating: Water
ParkingFeatures: Detached
YearBuilt: 100+
TaxAnnualAmount: 6745
PossessionDetails: 30 Days _ TBA

🏠 Room Details
# Room Type Level Length (m) Width (m) Feature 1 Feature 2 Feature 3
1 Foyer Main 4.27 1.52
2 Living Room Main 7.62 4.47 Hardwood Floor Combined w/Dining Window
3 Kitchen Main 1.88 3.05 Pot Lights Stainless Steel Appl
4 Bedroom Main 4.19 3.07 Hardwood Floor Window
5 Mud Room Main 1.68 2.59 Window W/O To Patio
6 Laundry Main 2.44 3.96 Tile Floor Window
7 Living Room Second 7.39 2.82 Hardwood Floor Combined w/Dining Window
8 Kitchen Second 2.13 3.35 Hardwood Floor Window
9 Bedroom Second 3.73 4.47 Hardwood Floor Window
10 Living Room Third 5.38 4.47 Hardwood Floor Combined w/Dining
11 Kitchen Third 3.53 1.6 Tile Floor Window W/O To Balcony
12 Bedroom Third 3.38 4.47 Hardwood Floor Window
13 Kitchen Basement 3.73 2.84 Laminate Combined w/Dining
14 Bedroom Basement 3.78 2.54 Laminate
15 Bedroom Basement 4.5 4.27 Window
16 Other Basement 2.16 3.58
Map
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