2428 Keele ST Active Save Request In-Person Tour Request Virtual Tour
Toronto W04,ON M6L 2N2
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Maple Leaf
MLS Listing ID W12481260
Annual Tax Amount $17,251
Tax Year 2025
Property Sub-Type Investment
Property Description
Attention Investors! Well kept 3 story Stucco and brick 11plex Apartment Building with Healthy Cash Flows. Unit Rentals, parking, and laundry total Income $184,973; taxes, water, waste, heating, insurance, hydro total $49,779; see attached financials for details. 7 2bdrm apartments, 1 1bdrm apartment, 1 Jr-1bdrm apartment, and 2 bachelor apartments. 9 Tenants pay their own hydro. Excellent growth potential! Property poised for Repositioning. One brand new unit and only one other unit renovated. 2 dble garages plus 7 private parking spaces. Gross floor area 9530 sq ft total. Terrazzo floors in common areas. Coin laundry income in building. Newly surfaced asphalt 2025, Duro-Last roof 2012, windows 2009, plaster 2009. Recent Phase II Environmental Report and Remediation Completed. Survey available. As to not disturb Tenants, Please submit conditional offer to inspect the property. Contact Listing Agent about the possible Sale of the adjacent 10plex building.Offers to be presented on November 28, 2025 at 11am. Contact Listing Agent before preparing offer. Seller reserves the right to accept pre-emptive offers.
Location
Province ON
County Toronto
Community Maple Leaf
Area Toronto
Interior
Cooling No
Exterior
Community Features Major Highway,Public Transit
Utilities Available Available