Toronto W02 M6P 1N9
Canada

Property

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

Financials

Price:C2,500,000
($1,774,450)
(€1,544,209)
Annual Taxes:C12,088
505 Park Ave, New York, NY 10022

Phenomenal 7 unit income property in Toronto's highly sought after Junction neighborhood !

Description

Phenomenal 7-unit income property in Toronto's highly sought-after Junction neighborhood! First time on the market in over 30 years, this character-filled building offers a mix of 1 Bachelor, 3 One-Bedroom, and 3 Two-Bedroom units. Exceptional AAA location within walking distance to High Park, the Bloor Subway Line, and the Junction's vibrant mix of cafés, restaurants, and boutique shops. Situated on a large 40' x 115' corner lot with excellent street presence and parking for up to 7 cars. Three units feature walkouts to spacious decks, and tenants pay their own hydro (except the Bachelor unit). On-site laundry generates additional income. Approximately 4,265 sq. ft. of living space spread over three levels. Exceptional tenant profile with strong income and 42% upside potential on rents upon turnover. Opportunity to add another unit on the lower level (buyer to verify). Minutes to Bloor West Village, The Stockyards, top-rated schools, and frequent TTC service. A rare multi-residential investment with solid cash flow, long-term growth potential, and unbeatable location on a beautiful, tree-lined street in one of Toronto's most desirable communities.

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.