$2,980,000Asking Price
Premium Purpose-Built Investment Opportunity, Not Subject To Rent Control. Exceptional Recently Completed 5-Unit Rental Property In Etobicoke, Featuring A Legal Fourplex Plus A Brand-New Garden Suite-Ideal For Investors Seeking Strong Cash Flow And Minimal Maintenance.Each Of The Five Self-Contained Units Has A Private Entrance And Was Built To Qualify For The CMHC MLI Select Program (Buyer To Verify Eligibility). Units Are Energy-Efficient (See Energy Report Attached ) The Fourplex Was Fully Rebuilt Inside And Completed In December 2024, With New HVAC, Electrical, Plumbing, And Drain Systems Throughout. The Garden Suite Was Completed In October 2025 And Showcases 10' Ceilings And Premium Finishes. Fourplex Layout: Four 1-Bedroom / 1-Bathroom Suites (Two Upper, Two Lower). Garden Suite: One 1-Bedroom / 1.5-Bathroom Unit With High Ceilings.Currently, Three Units Are Leased To A++ Tenants. Tenants Pay Their Own Utilities, No Common Expenses In Buildings, Ensuring Strong Net Operating Income.Estimated Annual Potential Gross Rent Of $140,400. Buyer To Assume Development Charge Deferral Agreement With The City Of Toronto. Estimated Financials Available Upon Request. Seller Prefers To Sell 100% Shares of Holding Corporation.
Premium Purpose-Built Investment Opportunity, Not Subject To Rent Control. Exceptional Recently Completed 5-Unit Rental Property In Etobicoke, Featuring A Legal Fourplex Plus A Brand-New Garden Suite-Ideal For Investors Seeking Strong Cash Flow And Minimal Maintenance.Each Of The Five Self-Contained Units Has A Private Entrance And Was Built To Qualify For The CMHC MLI Select Program (Buyer To Verify Eligibility). Units Are Energy-Efficient (See Energy Report Attached ) The Fourplex Was Fully Rebuilt Inside And Completed In December 2024, With New HVAC, Electrical, Plumbing, And Drain Systems Throughout. The Garden Suite Was Completed In October 2025 And Showcases 10' Ceilings And Premium Finishes. Fourplex Layout: Four 1-Bedroom / 1-Bathroom Suites (Two Upper, Two Lower). Garden Suite: One 1-Bedroom / 1.5-Bathroom Unit With High Ceilings.Currently, Three Units Are Leased To A++ Tenants. Tenants Pay Their Own Utilities, No Common Expenses In Buildings, Ensuring Strong Net Operating Income.Estimated Annual Potential Gross Rent Of $140,400. Buyer To Assume Development Charge Deferral Agreement With The City Of Toronto. Estimated Financials Available Upon Request. Seller Prefers To Sell 100% Shares of Holding Corporation.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 39.37' x 29.86' | Combined with Living, Combined with Dining |
| 2 | Kitchen | Main | 52.82' x 28.54' | Combined with Dining, Combined with Living |
| 3 | Kitchen | Lower | 34.45' x 22.97' | |
| 3 3-Piece Bathrooms on Ground Floor | ||||
| 2 3-Piece Bathrooms on Lower | ||||
| 1 2-Piece Bathroom on Ground Floor | ||||
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Richview, Toronto is a west Toronto neighbourhood notable for its tradespeople. It has a higher than average population of Italian speakers. Residents tend to be older with a significant number of babies, kids aged 10 to 14, adults aged 55 to 64 and seniors aged 65 to 69.
Kids Per Family
1.2
kids per family
in the neighbourhood.
46%
of residents are
single and loving it.
46% singles
Toronto (50%)
47%
of residents
are renters.
47% renters
Toronto (47%)
39%
of residents are
university grads.
39% university grads
Toronto (48%)Average Household Income
$115K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Business | 11% |
| Trades | 8% |
| Government | 8% |
| Management | 6% |
46%
of residents were
born outside of Canada.
46% immigrants
Toronto (48%)4.3% from India
All-time
0.9% from India
Recent
Foreign Languages
| Italian | 6% |
| Spanish | 4% |
| Ukrainian | 3% |
| Portuguese | 2% |
| Polish | 2% |
Religions
| Christian | 73% |
| Muslim | 8% |
| Hindu | 4% |
| Sikh | 1% |
| Buddhist | 1% |
Social Housing Buildings
4
Social housing buildings
in the neighbourhood.
Shelters
0
Homeless shelters in
the neighbourhood.