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2479 QUEEN STREET E, Toronto (The Beaches) — listed at $4,800,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Exceptional opportunity to acquire a beautifully renovated six-unit multiplex in the heart of The Beaches. Offered fully furnished and completely turnkey, this meticulously maintained property features six spacious two-bedroom apartments, with several suites showcasing stylish modern renovations. Delivered with vacant possession, it offers investors the unique opportunity to establish market rents from day one and maximize income potential. A strong income-producing asset with excellent long-term growth potential, the property also features six dedicated parking spaces and tenant storage. Ideally situated on vibrant Queen Street East, just steps to the beach, parks, transit, cafés, restaurants, boutique shopping, and all the amenities this sought-after lakeside community has to offer. A great investment opportunity in one of Toronto's most desirable neighbourhoods (id:60164)
How is the home heated? Is it efficient?+
Heating is hot water radiator heat, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 6 spaces.
What makes this a luxury property?+
At $4,800,000, standout features include 6264 sq ft, 6 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Who is 2479 QUEEN STREET E best suited for?+
With null bedrooms and 6 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $12,344, heating is hot water radiator heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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