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4-Unit Multiplex In Prestigious Regal Heights | Turnkey Investment Opportunity

Toronto, ON

$2,489,000

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Bedroom

8

Bath

4

Year Built

-

Size

5,000 sf

Multi-Family
Property Type

Multi-Family

Property Description

Discover this gorgeous 100+ year old, purpose-built fourplex nestled in the heart of the highly sought-after Regal Heights neighbourhood in Corso Italia. Offering over 4,300 sq. ft. of above-grade living space plus a 2,000+ sq. ft. basement, this property blends historic charm with modern upgrades and strong financial performance. Each of the four spacious units features two bedrooms and spans approximately 1,000–1,200 sq. ft., with every tenant enjoying exclusive use of ~500 sq. ft. of basement space. The property also features two detached laneway garages leased for additional income. This fully tenanted property delivers a solid Net Operating Income (NOI) of approximately $95,000 per year — making it a stable and lucrative investment. Lovingly maintained by a private owner with true pride of ownership, recent upgrades include a new roof, new windows, and an updated breaker electrical panel. Perfectly positioned steps to St. Clair Ave W, residents enjoy unparalleled access to shops, restaurants, TTC streetcar service (stop right across the street), and all the amenities that make Regal Heights one of Toronto’s most vibrant and culturally rich communities. This is a rare opportunity to own a turnkey, income-generating multiplex in one of Toronto’s most desirable urban neighbourhoods.

Property Details

Property ID

35867

Price

$2,489,000

Property Size

5,000 sf

Bathrooms

4

Year Built

-

Property Type

Multi-Family

Property Status

FOR SALE

Bedrooms

8

Address

Address

Map Address

City

State

Area

93 Northcliffe Blvd, Toronto, ON M6H 3H3

93 Northcliffe Blvd, Toronto, ON M6H 3H3

Toronto

ON

ON

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