Toronto W01 M6K 2R9

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 12 BR
Bathrooms: 8
Pets: Pets No

Financials

Price:C2,400,000
($1,731,696)
(€1,479,298)
Annual Taxes:C12,585.71
505 Park Ave, New York, NY 10022

Description

6.29% Cap rate. Massive Parkdale Mansion. Over 5000 Sq Ft. updated Units .Gross Income over $185,000.Great Tenants. Steel Roof With Lifetime Warranty. Newer Boiler With Indirect Hot Water Tank.. Very Well Maintained. Easy To Rent. Stable rental income today with strong appreciation and rent growth potential tomorrow.South Parkdale is one of Torontos most desirable multifamily investment areasoffering strong tenant demand, low vacancy, and steady cash flow today, with clear upside in rent growth as the neighbourhood continues to gentrify. Steps to downtown, transit, and the waterfront, properties here combine stability with long-term appreciation potential.

Amenities

  • Sump Pump
  • Water Heater Owned

6. 29 Cap rate. Massive Parkdale Mansion.


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.