Toronto W04 M6M 4N7
Canada

Property

Ownership: For Sale
Type: Unknown
Pets: No Pets Allowed

Financials

Price:C6,500,000
($4,772,000)
(€3,989,300)
Annual Taxes:C31,000
505 Park Ave, New York, NY 10022

Exceptional turn key property located in a high demand area in the heart of the city's historic downtown.

Description

Exceptional turn-key property located in a high-demand area in the heart of the city's historic downtown.!!This well-maintained mixed-use building features multiple revenue streams and strong long-term potential.!!The property includes 4 units with separate ARN numbers and is zoned for multiple uses, with Potential for additional storeys (currently a 2-storey building). Residential Units (5 Total):3 one-bedroom apartments2 two-bedroom apartmentsEach unit has its own independent heating and cooling system.!! Commercial Units (5 Total):Fully operational, well-established businesses included in the sale. This solid, well-kept building offers immediate income with future development upside in a prime downtown location.

Amenities

  • Major Highway
  • Public Transit

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.