Description

655–691 Giles Blvd E — 5-Unit Townhouse Investment. Rare opportunity to acquire a purpose-built five-plex consisting of five side-by-side brick townhomes in a well-established residential neighbourhood. These fully self-contained townhouses offer true separation & privacy, eliminating shared hallways or apartment-style living. Each spacious unit features 3 bedrooms & full bathroom on the second floor, with large living rooms with natural fireplace, kitchen, and dining area on the main level. The full basement in every unit provides laundry & additional storage, creating functional layouts that appeal to long-term tenants. The building is well configured for investors, with separate hydro meters, electrical panels, furnaces, central air units, and hot water tanks for each townhouse, simplifying management and operating costs. The end unit—previously owner-occupied—offers additional features including a second bathroom & sunroom. A large garage provides additional storage for owners and partial rental income. The property is currently supported by five long-term tenants, offering immediate stability for investors. Located close to parks, schools, and everyday amenities. This property presents a solid multi-residential asset comprised of five individual townhouse-style units that attract consistent tenancy and long-term occupancy. Call now to view!