Toronto C08 M5A 2N9

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 12 BR
Bathrooms: 10
Pets: Pets No

Financials

Price:C2,400,000
($1,738,632)
(€1,489,371)
Annual Taxes:C15,872.26
505 Park Ave, New York, NY 10022

Description

6.2% cap rate! Rare 8-Plex Investment Opportunity Garden District, Downtown Toronto An exceptional opportunity to acquire two side-by-side fourplexes on separate legal titles in Toronto's dynamic Garden District. This income-generating 8-unit asset offers rare flexibility for long-term strategic portfolio planning. Key Highlights: Income & Upside Currently 7 of 8 units are rented with strong, stable tenancies. One vacancy provides immediate upside. Rare Dual-Title Ownership Separate legal parcels allow for future individual refinancing flexibility. Located in the heart of downtown Toronto, steps from TTC routes, streetcars, and minutes to subway stations. The future Ontario Line will further boost connectivity and long-term value. Laneway Parking for 4 Cars A rare and valuable amenity in a high-demand urban rental market. Potential Laneway House Additional density and rental upside possible (buyer to verify). Heritage Designated Offers architectural charm and long-term tenant appeal in a rapidly evolving neighbourhood. High Walk/Bike/Transit Scores Surrounded by parks, shops, schools, hospitals, and cultural institutions. A well-located, low-turnover, and character-rich investment in one of Toronto's most resilient rental pockets. A strong addition to any portfolio with immediate income and long-term growth potential. Existing tenants to be assumed. Vacant possession not available.

Amenities

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6. 2 cap rate ! Rare 8 Plex Investment Opportunity Garden District, Downtown Toronto An exceptional opportunity to acquire two side by side fourplexes on separate legal titles in Toronto's ...


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