14 Holmesdale Rd - Apartments FOR SALE


Toronto, ON M6E 1Y1- Caledonia-Fairbank
$2,675,000 CAD
14 Holmesdale Rd, Toronto, ON for Sale
$2,675,000 CAD
Apartments - FOR SALE
1/37
null | 4.43% Cap Rate

14 Holmesdale Rd
Toronto, ON M6E 1Y1
Caledonia-Fairbank


HIGHLIGHTS

  • Applied Market Cap Rate of 4.25%
  • Brand new, Fully leased Building
  • High-quality Build with Functional Floorplans

OVERVIEW

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, insuite stacked washer dryer, tankless water heater and dedicated furnace. 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

FOR SALE DETAILS

PRICE

$2,675,000 CAD

PRICE/SF

$594 CAD /SF

# OF UNITS

4

PRICE/UNIT

$668,750

CAP RATE

4.43%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

14 Holmesdale Rd

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2025

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,411 SF

ZONING

RM

APN/PARCEL ID

CUSTOM-4248098

ASK ABOUT THIS PROPERTY

Peter GregorianKW Living RealtyMore Info

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