Fully leased investor opportunity in Marda Loop, generating $226,800 in annual rental revenue with an assumable MLI Select mortgage in place. This luxury 8-unit modern multi-family building sits on a 50' x 125' lot and offers 4 above-grade units featuring open-concept layouts, 4 bedrooms, 3.5 bathrooms, and penthouse lofts leading to private rooftop patios — north-facing units enjoy downtown views while south-facing units offer an abundance of sunlight — plus 4 below-grade 1-bedroom, 1-bathroom units in high demand among single professionals and couples. A 4-car garage with roughed-in EV charging stations adds future-ready appeal, while individually metered units with separate gas and electrical meters and dedicated furnaces and panels per unit streamline management and reduce shared expenses. Above-grade units range from 1,752 to 1,834 sq ft, while lower units offer 678 sq ft each, appealing to a diverse tenant base. High-end finishes throughout include designer herringbone flooring, quartz countertops, custom cabinetry, stainless steel appliances, matte black fixtures, two fireplaces (main level and penthouse), oversized kitchen islands, and large windows for plenty of natural light, with rooftop patios offering tenants premium outdoor space and skyline views. Newly installed artificial grass adds low-maintenance curb appeal, minimizing upkeep for ownership. Located steps from downtown, transit, and Marda Loop's vibrant amenities, this fully operational, cash-flowing asset delivers thoughtful design, efficient studio systems, and strong long-term rental demand — a rare, turnkey opportunity to secure a high-income property with financing and revenue already in place. No Sign on the property, and please do not disturb the tenants.More details
INVESTMENT ALERT! THREE LEGAL RENTAL SUITES, UPDATED SIDE-BY-SIDE DUPLEX! CORNER REDEVELOPMENT LOT! Over 3600 sqft of developed space with 8 bedrooms and 2 Dens! Whether you’re looking for a mortgage helper or an income-generating
investment property, this unique property in Albert Park offers an excellent combination of
rental income potential, extensive recent upgrades, and future redevelopment
potential. Situated on an impressive 50’ x 120’ corner lot on a desirable street, the property
features a double detached garage, separate basement entrances, and three legal living spaces. One side offers a full bi-level home, ideal for an owner-occupant looking to offset their
mortgage with rental income, while the other features an upper-level residence and a legal
basement suite, providing multiple income opportunities. The property has undergone over
$100,000 in recent renovations and improvements, offering added value and peace of mind for
the next owner. The interiors feature modern, refreshed living spaces with contemporary
finishes throughout all three units. Updates include modern wide-plank luxury vinyl flooring,
fresh paint, updated lighting and window coverings, two new high-efficiency furnaces, two new
hot water tanks, numerous replacement windows, and added attic insulation.
Numerous additional interior improvements further enhance the overall appeal. Numerous exterior improvements have also been completed, enhance the property’s curb appeal and functionality.
Conveniently located with quick access to downtown, major roadways, transit, and everyday amenities, this is an excellent opportunity for investors
seeking rental income, homeowners looking for a mortgage helper, or buyers exploring the
long-term potential of a large corner lot in an established inner-city community. With three
legal rental suites, modern updated interiors, substantial recent upgrades, and future
redevelopment potential, this property offers exceptional versatility for both investors and
owner occupants alike!More details
Data was last updated October 17, 2026 at 12:05 AM (UTC)
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