Turn key mixed use investment opportunity in prime downtown Toronto 1 Commercial 5 Residential.


Property

Website:https://www.nestseekers.com/5348912
Address:
Toronto E01 M4L 1Z5
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C4,195,900
($2,960,800)
(€2,590,100)
Annual Taxes:C20,361.16

Description

Turn-key mixed-use investment opportunity in prime downtown Toronto (1 Commercial + 5 Residential). Fully renovated building featuring a large main-floor commercial unit with full basement plus 5 high-end residential apartments above. Situated on a high-exposure corner lot offering excellent street presence. With over 7,000 sq ft of leased space with three on-site parking spaces, this a low-maintenance, cash flowing asset ideal for investors seeking a stable mixed-use property in a highly desirable urban location. Simply acquire and enjoy this fully upgraded, income-producing building. The seller is willing to provide a 75% Vendor Take Back (VTB) mortgage at 6.89% fully open for 2 years to qualified buyers. 3 parking spots are for the main floor commercial tenant which they made into a patio.

Amenities

  • Public Transit

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario