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


Property

Website:https://www.nestseekers.com/5076615
Address:
Toronto W02 M6P 1N9
Canada
Ownership: For Sale
Type: Unknown
Pets: No Pets Allowed

Financials

Price:C2,500,000
($1,794,200)
(€1,556,300)
Annual Taxes:C12,088

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, 2 One-Bedroom, and 4 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. Potential Opportunity to add another unit on the lower level. Minutes to Bloor West Village, The Stockyards, top-rated schools, and frequent TTC service.

Amenities

  • Major Highway
  • Public Transit

Contact

505 Park Ave, New York, NY 10022