Toronto C08 M4Y 1K2
Canada

Property

Ownership: For Sale
Type: Unknown
Pets: Pets No

Financials

Price:C2,050,000
($1,463,926)
(€1,261,396)
Annual Taxes:C21,959
505 Park Ave, New York, NY 10022

5 cap rate in downtown Toronto.

Description

5% cap rate in downtown Toronto. 10 min walk to Bloor & Yonge the cities most connected transit hub. 18 unit rooming house. $113k/unit. Steps away from everything. Close to financial district and U of T. Surrounded by high density residential and institutional development. Coin operated washers and dryers. Both include an intercom system. Phenomenal cash flow in downtown Toronto.

Amenities

  • Public Transit
  • Subways

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.