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$3,149,000Asking Price

555 Birchmount Rd

Kennedy Park, Toronto

Multiplex
9 + 2
Bedrooms
6
Baths
7
Parking
Days on Market

Welcome To 555 Birchmount Rd, A Boutique 6-Plex Multi-Residential Building With Fully Renovated And Fully Tenanted Units At Market Rent In Desirable Clairlea-Birchmount! Incredible Investment Opportunity With An Assumable Mortgage At 2.19% Until December 2026! Over $163k In Gross Income! Each Unit Has Been Meticulously Restored With All New Fixtures And Stainless Steel Appliances, Quartz Countertops, Refinished Hardwood Floors, And Air Conditioning. Five 2 Bedroom Units, And One 1 Bedroom Unit, All With Contemporary Finishes And Generous Floor Plans, In Addition To 7 Parking Spaces. Many Updates Including a Multi-Camera Security System, New NTI Commercial Tankless Hot Water System, New A.O. Smith Commercial Hot Water Tank, New Commercial Maytag Coin Operated Laundry Machines, Many New Windows, New Doors, Mini-Split Air Conditioners, Stucco Exterior, And More! Don't Miss This Opportunity To Own A Well Maintained, Well Capitalized, And Easy To Manage Investment Property. Gross Income: $163,452.56. Hydro/Gas/Water/Tax/Insurance: $25,640.81.

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Welcome To 555 Birchmount Rd, A Boutique 6-Plex Multi-Residential Building With Fully Renovated And Fully Tenanted Units At Market Rent In Desirable Clairlea-Birchmount! Incredible Investment Opportunity With An Assumable Mortgage At 2.19% Until December 2026! Over $163k In Gross Income! Each Unit Has Been Meticulously Restored With All New Fixtures And Stainless Steel Appliances, Quartz Countertops, Refinished Hardwood Floors, And Air Conditioning. Five 2 Bedroom Units, And One 1 Bedroom Unit, All With Contemporary Finishes And Generous Floor Plans, In Addition To 7 Parking Spaces. Many Updates Including a Multi-Camera Security System, New NTI Commercial Tankless Hot Water System, New A.O. Smith Commercial Hot Water Tank, New Commercial Maytag Coin Operated Laundry Machines, Many New Windows, New Doors, Mini-Split Air Conditioners, Stucco Exterior, And More! Don't Miss This Opportunity To Own A Well Maintained, Well Capitalized, And Easy To Manage Investment Property. Gross Income: $163,452.56. Hydro/Gas/Water/Tax/Insurance: $25,640.81.

Key Info

  • 2.5-Storey Multiplex
  • 4+ Parking
  • No Garage
  • Birchmount Rd/ St Clair Ave
  • Radiant Gas Heating
  • Wall Unit A/C

Property

  • Taxes were $7,735 in 2024
  • Possession: TBD

Details

  • Brick/Stucco/Plaster Exterior
  • No Fireplace
  • 6 Kitchens
  •  
  • MLS #E8051906
  • BOSLEY REAL ESTATE LTD.

Extras

  • 7 Hydro Meters. Close To All Amenities Including Shopping, Warden Station, Scarborough GO, Centennial College, Multiple Parks, And Great Schools. Easy To Manage Property With Great Tenants. See Virtual Tour Of Unit 302!
Room Floor Dimensions Details
1 Living Room Main 14.90' x 22.90' Combined W/Dining
2 Bedroom Main 12.24' x 10.93' Large Window
3 2nd Bedroom Main 10.24' x 10.93' Large Window
4 Bathroom Main 7.15' x 6.89' 4-PieceBath
5 Living Room 2nd 14.90' x 22.90' Combined W/Dining
6 Bedroom 2nd 12.24' x 10.93' Large Window
7 2nd Bedroom 2nd 10.24' x 10.93' Large Window
8 Bathroom 2nd 7.15' x 6.89' 4-PieceBath
9 Living Room Basement 14.90' x 22.90' Combined W/Dining
10 Bedroom Basement 12.24' x 10.93' Large Window
11 2nd Bedroom Basement 10.24' x 10.93' Large Window
12 Bathroom Basement 7.15' x 6.89' 4-PieceBath
Washroom1 4-Piece Bathroom in Basement
Washroom1 4-Piece Bathroom in Basement
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Main Floor
Washroom2 4-Piece Bathrooms on 2nd Floor

Who lives here?

Kennedy Park, Toronto is an east Toronto neighbourhood notable for its singles, renters, salespeople and tradespeople. It has a higher than average population of immigrants, particularly those from the Philippines and Bangladesh, and Tagalog and Bengali speakers. Residents tend to be older with a significant number of babies, kids aged 10 to 14, youth aged 15 to 19, adults aged 50 to 64 and seniors aged 65 to 69.

Families

Kids Per Family

1.4

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

53% of residents are
single and loving it.

53% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

50% of residents
are renters.

50% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

31% of residents are
university grads.

31% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$82K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 19%
Business 9%
Trades 8%
Government 6%
Health 4%

Immigrants

56% of residents were
born outside of Canada.

56% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Philippines was once home to 12.6% of immigrants.
Bangladesh 7.8%
Caribbean 4.1%
Sri Lanka 3.7%
India 3.7%

12.6% from Philippines
All-time

Birthplace - Recent

Philippines was once home to 1.8% of immigrants.
India 1.0%
Bangladesh 0.9%
Pakistan 0.3%
Sri Lanka 0.3%

1.8% from Philippines
Recent

Foreign Languages

Foreign Languages

Tagalog 9%
Bengali 8%
Tamil 4%
Cantonese 3%
Greek 1%

Religions

Religions

Christian 59%
Muslim 11%
Hindu 10%
Buddhist 2%

Social Housing

Social Housing Buildings

10

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

4

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)