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64 Mulholland Avenue

$1,325,000


Renovated three-unit income property at Dufferin and Lawrence with a projected 4.3% cap rate with the existing $58,224 annual net income. Excellent tenants in place in each of the three units, and all on month-to-month terms. Extra wide 31-foot lot with private driveway and two car garage (currently used for storage by all three tenants). West-facing grassy area beside garage and a lush vegetable garden thrives behind garage due to the irregular shaped lot size.  The property is set on a quiet residential street with immediate access to transit on Dufferin and Lawrence. Minutes to the 401 and Pearson International Airport. 


Main floor: Renovated with two bedrooms (one king-sized), one bathroom and access to main floor deck. Currently leased for $2197/month, including utilities. 

Second floor: Renovated with two bedrooms and one bathroom.  Currently leased for $2047/month, including utilities. 

Lower: Renovated with two bedrooms, one bathroom and a separate entrance to the back yard. Currently leased for $1754/month, including utilities.
All units share laundry in the lower level. Snow removal included in the leases.

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