2428 Keele Street
Toronto
M6L 2N2
$2,690,000
Residential Freehold
beds: 16
baths: 11.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- W12480939
- Bedrooms:
- 16
- Bathrooms:
- 11
- Photos (21)
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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.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Multiplex
- Home Style:
- 3-Storey
- Total Approx Floor Area:
- 5000 +
- Lot Depth:
- 138'6⅛"
- Lot Frontage:
- 68'5"
- Direction Faces:
- West
- Bedrooms:
- 16
- Bathrooms:
- 11.0
- Water supply:
- Municipal
- Kitchens:
- 11
- Bedrooms Above Grade:
- 16
- Kitchens Above Grade:
- 11
- Rooms Above Grade:
- 36
- Zoning:
- RM(f21;a925;d0.85)
- Heating type:
- Water
- Heating Fuel:
- Gas
- Foundation:
- Concrete Block
- Roof:
- Membrane
- Basement:
- Apartment, Other
- Fireplace/Stove:
- No
- Garage:
- Attached
- Garage Spaces:
- 4.0
- Parking Spaces:
- 7
- Total Parking Spaces:
- 11.0
- Family Room:
- No
- Possession Details:
- 60 Days/TBD
- Lot Irregularities:
- 68.42 x 138.51 x 66.91 x 137.95 ft
- Pool:
- None
- HST Applicable To Sale Price:
- In Addition To
- Taxes:
- $17,251 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto W04
- Maple Leaf
- Hospital, School, Library, Park, Public Transit
- Separate Hydro Meter
- Coinomatic: 1 washer, 1 dryer.
- 11 fridges, 11 stoves, HWT, separate hydro meters for each unit (except new bachelor apartment on building panel), breakers in each unit (9 tenants pay own hydro)
- Stucco (Plaster)
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- None
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Date Listed:
- Oct 24, 2025
-
Investment with Amazing Growth Potential! -
Beautiful 3Story Det'd Stucco/Brick Apt Building
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11 Apartments (7 2bdrms, 1bdrm, Jr1bdrm, 2 Bach)
-
Front Entrance Direct on Keele St, TTC, Near Hwys
-
Durable Italian Terrazzo Floors in Common Areas
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Bright Sunlight from Large Windows with Treed View
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Tenants Pay Own Hydro
-
Photo 8 of 21
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Clean, Tidy, Fully Rented, Good Tenants
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Photo 10 of 21
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Photo 11 of 21
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Photo 12 of 21
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Laundry Income
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Side Exit
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Side Exit to Parking
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Side Entrance from Parking
-
Street Entrance to Parking
-
7 Freshly Paved Outdoor Parking Spots at Rear
-
Photo 19 of 21
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4 Reserved Garage Parking of 11 Total Spaces
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2 Attached Double Garage
Listed by J.D.M. REALTY LTD
Data was last updated October 27, 2025 at 04:15 AM (UTC)
- WEI WANG
- Bay Street Group Inc.
- 1 (647) 9147337
- Contact by Email
Wei Wang @ Bay Street Group Inc. Brokerage
Location
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