Property
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Rooms: | 12 |
| Bedrooms: | 5 BR |
| Bathrooms: | 4 |
Financials
Price:C1,499,000
($1,062,000)
(€933,300)
Annual Taxes:C6,417.28
Positioned on a premier street in one of Toronto's most resilient rental markets, this beautifully renovated 3 unit residential property offers a premium addition to any portfolio, offered at a ...
Description
Positioned on a premier street in one of Toronto's most resilient rental markets, this beautifully renovated 3 unit residential property offers a premium addition to any portfolio, offered at a stellar 5.52% Cap Rate, a benchmark return increasingly difficult to find within the city's core. The versatile suite mix attracts high-quality, long-term tenants to ensure minimal vacancy and consistent revenue, while extensive capital improvements mean the heavy lifting has already been done. Steps from local cafes, transit, and parks, this highly rentable location commands premium market rates and boasts a low turnover. Perfect for any investor looking for immediate cash flow and effortless management, this property delivers stable, predictable returns from day one.
Amenities
- Carpet Free
- Separate Hydro Meter
- Water Heater Owned
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.