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$1,499,000
Est. payment /mo
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Municipality Toronto C03
Subdivision Oakwood Village
MLS Listing ID C13060418
Style 2 1/2 Storey
Bedrooms 6
Annual Tax Amount $6,296
Tax Year 2025
Property Sub-Type Duplex
Property Description
An excellent opportunity to acquire a well-performing multi-residential property in Toronto's evolving and highly desirable Oakwood Village neighbourhood. 279 Lauder Ave offers investors a stable, income-generating asset in a community experiencing strong rental demand and ongoing revitalization. This very well-managed property has been meticulously maintained by an experienced owner, reflecting pride of ownership and operational efficiency. Recent upgrades include all windows and blinds, exterior doors, driveway and parking areas, composite back deck, refreshed front deck, front stairs and railings, bathrooms, electrical panels, tankless water heater, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.53%**, with minimal need for repositioning.Tenants benefit from efficient floorplans and excellent transit access, with the St. Clair streetcar just an 8-minute walk away, connecting seamlessly across the city. The property is also steps from the lively St. Clair West corridor, known for its diverse mix of cafés, restaurants, and local shops, enhancing everyday convenience and lifestyle appeal.This well-managed asset reflects pride of ownership and long-term care, making it an ideal turnkey addition to any investment portfolio. With strong fundamentals, desirable location, and steady income, 279 Lauder Ave is positioned for continued tenant demand and future growth.
Location
Province ON
County Toronto
Community Toronto C03
Area Toronto
Rooms
Family Room No
Basement Apartment
Kitchen 3
Interior
Interior Features Carpet Free
Cooling Wall Unit(s)
Fireplace No
Heat Source Electric
Exterior
Parking Features Mutual
Pool None
Roof Type Asphalt Shingle
Lot Frontage 25.0
Lot Depth 120.0
Total Parking Spaces 2
Building
Unit Features Library,Park,Place Of Worship,Public Transit,School
Foundation Unknown
Others
ParcelsYN No
Virtual Tour https://www.houssmax.ca/vtournb/c1981060
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Listed by ROYAL LEPAGE TERREQUITY BESPOKE REALTY
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