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38 MILLER STREET, Toronto (Weston-Pellam Park) — listed at $1,299,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Amazing Legal Five Plex Investment Corner property with 5 one-bedroom apartments close to transit, shopping and schools In Toronto. The seller will consider a private Vendor Take Back mortgage (VTB) to qualified buyer. Property has yearly Fire Department inspections with a building pull alarm and fire extinguishers, Building is heated with an efficient modern natural gas Navian Boiler System that sends heated water to radiators in each apartment, Roof is 4 years old, Unit 1 Renovated completely 2 years ago, Gross estimated Income of $63,120, Expenses $15,900, Net Income $47,220. approximately. Property is being sold in "As Is, Where Is" condition (id:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,100, heating is natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 5 bedrooms and 5 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What's the parking situation?+
This property includes 0 spaces — No Garage.
What makes this a luxury property?+
At $1,299,000, standout features include 5 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
How is the home heated? Is it efficient?+
Heating is natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Does it have a basement, and is it finished?+
Yes — Unfinished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
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