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 ...


Property

Website:https://www.nestseekers.com/5494327
Address:
Toronto C08 M5A 2T2
Canada
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

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

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario