Toronto W03 M6N 1J3

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No

Financials

Price:C1,080,000
($774,749)
(€662,643)
Annual Taxes:C11,591.87
505 Park Ave, New York, NY 10022

Description

CAP RATE 7.3% - Completely Renovated Building & Turnkey Investment Opportunity. Full Building Renovation: Recently renovated from top to bottom with quality finishes and modern upgrades throughout. European Aluminum Windows & Storefront: Brand-new, energy-efficient aluminum windows and sleek commercial-grade storefront for enhanced curb appeal. Interior Upgrades: New kitchens, flooring, drywall, and high-efficiency water tank installed. Zoning Certificate for Multiplex: Includes a zoning certificate (valued at $60,000) allowing for a multiplex addition. Ideal opportunity for CHMC financing to support future construction or expansion. Building ConfigurationCommercial Unit: Ground-level storefront (approx. 1,000 sq. ft.)The Entire Property has been fully Leased out to great Tenants.Total Gross $94,680The Financials are attached for your review.

Amenities

  • Available
  • Public Transit

CAP RATE 7. 3 Completely Renovated Building amp ; Turnkey Investment Opportunity.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.