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35 Third Street
New Toronto Toronto M8V 2X7

$1,799,900 /For Sale
Commercial

Main Photo: 35 Third Street in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12104972
Photo 1: 35 Third Street in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12104972
Photo 2: 35 Third Street in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12104972
Photo 3: 35 Third Street in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12104972
Photo 4: 35 Third Street in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12104972
Photo 5: 35 Third Street in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12104972
Photo 6: 35 Third Street in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12104972
Photo 7: 35 Third Street in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12104972
Photo 8: 35 Third Street in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12104972
Photo 9: 35 Third Street in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12104972
Photo 10: 35 Third Street in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12104972
Photo 11: 35 Third Street in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12104972
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12104972
Bus Major:
Apts - 6 To 12 Units
Purpose-built sixplex in prime South Etobicoke, steps to Lake Ontario and Prince of Wales Park. Solid brick construction with four 2-bedroom units and two 1 bedroom units. All units are spacious and well-laid out, with good natural light. Quiet residential street near parks, trails, schools, and transit. Total area 4,747 sq ft as per floor plans. Recent capital improvements include: full electrical rewiring (2022), fire safety upgrades (2022), new PVC sewer line (2020), and roof replacement (2012). Units are separately metered (hydro). Coin-operated laundry on-site adds additional income. Private drive with Five surface parking spots at rear. Reliable tenant profile with significant upside on turnover, rents are currently below market. Strong long-term hold with stable income and potential to improve cash flow. Low vacancy area with consistent demand. Excellent location close to the lade, shops, transit, and major highways. Ideal for investors seeking a turn-key multi-unit asset in a desirable west-end neighbourhood. PROPERTY IS FULLY TENANTED, ALL TENANTS TO BE ASSUMED. DO NOT ASK FOR VACANT POSSESSION. Please do not disturb tenants or walk the property without an appointment. One year Property Management included, ask LA for details. FREE PROPERTY MANAGEMENT SERVICES FOR ONE YEAR.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
4746 sq. ft. Square Feet
Total Area:
4,746 sq. ft.
Depth:
123'3⅛"
Frontage:
40'1"
Bathrooms:
6.0
Water supply:
Municipal
Zoning:
RM (u3;d0.6*23)
Heating type:
Gas Hot Water
Garage:
None
Parking Spaces:
5
Possession Details:
IMM/TBN
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$8,598 / 2024
Assessment:
$- / -
Toronto W06
New Toronto
Toronto
7 hot water tanks
6 stoves, 6 fridges, 1 washer, 1 dryer
all personal property of the tenants
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
Yes
Expenses Actual/Estimated:
Estimated
Year Expenses:
2024
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Chattels:
No
Date Listed:
Apr 25, 2025
Original Price:
Previous Price:
  • Photo 1: 35 Third Street in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12104972
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  • Photo 2: 35 Third Street in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W12104972
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Listed by HARVEY KALLES REAL ESTATE LTD.
Data was last updated May 4, 2025 at 06:15 AM (UTC)
DARYL  KING
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