Toronto C02 M5R 2T1
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C4,399,900
($3,177,400)
(€2,721,100)
Annual Taxes:C12,502.77
505 Park Ave, New York, NY 10022

Immaculately cared for incredible turnkey residential investment in the heart of the Annex featuring 16 total units across two buildings 14 studios in the main building and a coach house ...

    Description

    Immaculately cared for incredible turnkey residential investment in the heart of the Annex featuring 16 total units across two buildings (14 studios in the main building and a coach house with 2 one-bedroom units). Boasting a 2025 gross potential revenue of $262,367.20 and a potential NOI of $191,858.19. Private drive with 3 parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Extremely high rental demand area with pretty much zero vacancy. This is an investors dream property. Every time there is a vacancy there are so many applications you get to choose the best tenants. Rare opportunity in Toronto's most resilient neighborhood.

    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.