Amazing investment opportunity for a savvy investor to add to their portfolio. Huge upside revenue potential most units are well below current market rent. 11 suites-1 X 2 Bedroom, 2 X 1 Bedroom, 8 X Bachelor. Unbelievable location in Danforth/Bloor area with public transit and highways within 5 minutes of property. Oppourtunity to increase rents as tenants vacate. Area supports high end rentals. Views of CN tower from 3 balconies. Includes rooftop patio, onsite parking, 3 garages & coin-op laundry for additional income. Steps to all necessary amenities such grocery store, shops, restaurants and entertainment. Brokerage Remarks **EXTRAS** 11 fridges, 11 stoves. Property is listed on City of Toronto Heritage Register.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
7000 sq. ft. Square Feet
Total Area:
7,000 sq. ft.650 m2
Depth:
140'42.7 m
Frontage:
50'15.2 m
Lot Details:
50.00 x 140.00 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
R (d1.0) (x7)
Heating type:
Water Radiators
Cooling:
Yes
Garage:
In/Out
Parking Spaces:
7
HST Applicable To Sale Price:
Included
Type Taxes:
Annual
Taxes:
$17,483.67 /
2024
Assessment:
$- /
-
Toronto E01
North Riverdale
Toronto
Major Highway, Public Transit
No
2 hot water tank rentals.
Over $500K +++ spent on renovations and upgrades since 2018. 4 units are completely renovated and several units updated. Fully tenanted property with additional income from coin-operated laundry and garage. Intercom system available.
Tenant Belongings. Coin operated washer and dryer (owned by Coinamatic)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.