Toronto C02 M5R 1W8
Canada

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 18 BR
Bathrooms: 18
Pets: No Pets Allowed

Financials

Price:C9,995,000
($7,342,000)
(€6,187,200)
Annual Taxes:C36,973
505 Park Ave, New York, NY 10022

Compelling opportunity to acquire a well located multi residential investment asset in one of Toronto's most established and supply constrained neighbourhoods.

Description

Compelling opportunity to acquire a well located multi-residential investment asset in one of Toronto's most established and supply constrained neighbourhoods. The building comprises 17 self-contained suites, providing diversified in place income supported by functional unit layouts, good natural light, and consistent rental appeal, resulting in stable occupancy and predictable cash flow. The asset presents multiple value creation pathways for investors, including income optimization through turnover and rent resets, operational efficiencies, targeted capital improvements, and longer term repositioning potential, all subject to applicable municipal approvals. Generous lot size and favourable residential zoning characteristics contribute to future optionality while preserving the existing income profile. Location underpins the investment thesis, with close proximity to transit, major employment nodes, parks, schools, and everyday amenities, driving durable rental demand and limiting downside risk. The surrounding neighbourhood is characterized by strong owner occupancy, limited new rental supply, and continued capital investment, supporting long term rent growth and asset appreciation. Well suited for private investors, family offices, and owner operators seeking a stabilized Toronto rental asset with embedded upside and strategic flexibility.

Amenities

  • Accessible Public Transit Nearby
  • City
  • Controlled Entry
  • Downtown
  • Landscaped
  • Lighting
  • Other
  • Storage

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.