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 ...


Property

Website:https://www.nestseekers.com/5335439
Address:
Toronto C02 M5R 2T1
Canada
Ownership: For Sale
Type: Unknown
Bedrooms: 2 BR
Bathrooms: 16

Financials

Price:C4,399,900
($3,180,700)
(€2,734,000)
Annual Taxes:C12,502.76

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

  • Central Vacuum
  • Intercom

Contact

505 Park Ave, New York, NY 10022