521 Brown's Line N/A, Toronto W06, Ontario M8W 3V1 is For Sale and has a listing price of 2,499,900. The property is located in the Alderwood neighbourhood . It's been on the website for 119 Days.
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).
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 05/20/2025 | W12160307 | $2,499,900 | For Sale | - | - |
| 05/20/2025 | W12160338 | $2,499,900 | For Sale | - | - |