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521 Brown’s Line in Toronto: Alderwood House for sale (Toronto W06) : MLS®# W12160307

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521 Brown's Line
Alderwood Toronto M8W 3V1

$2,499,900
Residential Freehold beds: 2+1 baths: 6.0

Main Photo: 521 Brown's Line in Toronto: Alderwood House for sale (Toronto W06)  : MLS®# W12160307
Photo 1: 521 Brown's Line in Toronto: Alderwood House for sale (Toronto W06)  : MLS®# W12160307
Photo 2: 521 Brown's Line in Toronto: Alderwood House for sale (Toronto W06)  : MLS®# W12160307
Photo 3: 521 Brown's Line in Toronto: Alderwood House for sale (Toronto W06)  : MLS®# W12160307
Photo 4: 521 Brown's Line in Toronto: Alderwood House for sale (Toronto W06)  : MLS®# W12160307
Photo 5: 521 Brown's Line in Toronto: Alderwood House for sale (Toronto W06)  : MLS®# W12160307
Photo 6: 521 Brown's Line in Toronto: Alderwood House for sale (Toronto W06)  : MLS®# W12160307
Photo 7: 521 Brown's Line in Toronto: Alderwood House for sale (Toronto W06)  : MLS®# W12160307
Photo 8: 521 Brown's Line in Toronto: Alderwood House for sale (Toronto W06)  : MLS®# W12160307
Photo 9: 521 Brown's Line in Toronto: Alderwood House for sale (Toronto W06)  : MLS®# W12160307
Photo 10: 521 Brown's Line in Toronto: Alderwood House for sale (Toronto W06)  : MLS®# W12160307
Photo 11: 521 Brown's Line in Toronto: Alderwood House for sale (Toronto W06)  : MLS®# W12160307
Photo 12: 521 Brown's Line in Toronto: Alderwood House for sale (Toronto W06)  : MLS®# W12160307
Photo 13: 521 Brown's Line in Toronto: Alderwood House for sale (Toronto W06)  : MLS®# W12160307
Photo 14: 521 Brown's Line in Toronto: Alderwood House for sale (Toronto W06)  : MLS®# W12160307
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
W12160307
Bedrooms:
2+1
Bathrooms:
6
Fully Renovated Six units. 5% CAP RATE! Assumable mortgage of $1,745,000 at 4.25% (to 2032).CMHC-Insured Mortgage. South Etobicoke Gem. 5.5% return on cash! All units renovated to New Condo Standard! Exceptional turnkey 6-unit building fully gutted and renovated in 2021/2022 to condo standards. Each unit features new kitchens, soft close cabinet doors, new bathrooms, new flooring, and includes 6 new appliances (fridge, stove, dishwasher, microwave, washer, and dryer). Upgraded mechanicals, new high-efficiency furnace, 6 new (wall mounted) AC systems, and modern finishes throughout make this a rare hands-off investment. Strong rental income with a current 5% cap rate. Private drive with parking for 5 cars. Outstanding investor advantage with an assumable CMHC-insured mortgage of $1,745,000 at 4.25%fixed until December 2032, providing below-market financing and excellent cash flow stability. Located in desirable South Etobicoke, close to transit, major highways, and amenities. A rare opportunity to own a fully stabilized, low-maintenance asset with built-in financing in a high-demand rental market. All rents are market or above (one unit vacant for showings).
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Total Approx Floor Area:
2000-2500
Depth:
115'4½"
Frontage:
40'1"
Direction Faces:
East
Bedrooms:
2+1
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
6
Kitchens in Basement:
2
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Kitchens Above Grade:
4
Rooms Above Grade:
3
Rooms Below Grade:
3
Heating type:
Water
Heating Fuel:
Gas
Foundation:
Not Applicable
Roof:
Not Applicable
Basement:
Apartment
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Private
Parking Spaces:
5
Total Parking Spaces:
5.0
Family Room:
No
Possession Details:
Imm/TBA
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$5,265 / 2024
Assessment:
$- / -
Toronto W06
Alderwood
Toronto
Public Transit
Other
6 fridges, 6 stoves, 6 dishwashers, 6 dryers, 6 washers, 6 microwaves, 6 wall mounted AC
all personal property of the tenants
Brick
Utilities Cable:
Yes
Utilities Telephone:
Yes
Utilities Gas:
Yes
Utilities Hydro:
Yes
Utilities Water:
Yes
Sewers:
Yes
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Date Listed:
May 20, 2025
Original Price:
Previous Price:
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Listed by HARVEY KALLES REAL ESTATE LTD.
Data was last updated May 24, 2025 at 04:15 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$2,299,450
Min list price:
$1,749,900
Max list price:
$4,950,000
Avg days on market:
62
Min days on market:
3
Max days on market:
569
These statistics are generated based on the current listing's property type and located in Toronto W06. Average values are derived using median calculations.
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