31 Alma Ave

Little Portugal

Multiplex 2-Storey

MLS C12856820

For Sale: 2,795,000

Beds: 8

Baths: 6

Basement: N/A

Lot Size: 3000-3500 SqFt

Rare opportunity to acquire a fully redesigned multiplex featuring five legal, self-contained units in one of Toronto's most desirable neighborhoods, featuring a legal fourplex plus a brand new Garden Suite. Steps north of Queen West and just north of Liberty Village. Fully gutted and renovated in 2019,. It is currently fully tenanted with excellent tenants, generating approximately $170,000 in annual gross income. The building offers 3,369 sq.ft. above grade plus 1,414 sq.ft. in the basement and sits on a prominent corner lot with 23.5 ft frontage and 120 ft depth, providing excellent accessibility and natural light. Close to transit, parks, restaurants, shopping, and entertainment, this is an outstanding opportunity for investors and end users alike.