Toronto C01 M5T 1N3

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 25 BR
Bathrooms: 14
Pets: Pets No

Financials

Price:C8,888,000
($6,348,965)
(€5,473,010)
Annual Taxes:C24,161
505 Park Ave, New York, NY 10022

Description

A rare chance to own a prestigious corner freestanding, 3-storey building featuring six self-contained rental units. Ideally located in the centre of downtown. Only two-minute walk to the University of Toronto. 25 bedrooms, all occupied. 6 kitchens. 16 paid parking spots. Just steps from Chinatown, Kensington Market, OCAD University, and Entertainment District. Easy access to public transit and major hospitals. Enjoy unbeatable convenience with restaurants, grocery stores, and cafes just around the corner. A truly prime location offering consistent rental demand and long-term value. Perfect for strong and steady income. Coin laundry system for tenants. Full basement with an opportunity to add additional living space. Fire code compliant building. Fire escape for each unit. Fire sprinklers in whole building. New owner can build 3 stories at the back. Drawings are available. Priced to sell.

Amenities

  • Other

A rare chance to own a prestigious corner freestanding, 3 storey building featuring six self contained rental units.


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.