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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, Washer
  • 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
MLS®

Listing provided by HARVEY KALLES REAL ESTATE LTD.
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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 Allan-John Boulanger to schedule a viewing or to discover other Toronto real estate for sale.

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