Detached four storey building completed in 2018 with quality finishes throughout.


Property

Website:https://www.nestseekers.com/5499710
Address:
Toronto C01 M6J 2L7
Canada
Ownership: For Sale
Type: Unknown
Bedrooms: 9 BR
Bathrooms: 9

Financials

Price:C5,500,000
($4,000,100)
(€3,444,900)
Annual Taxes:C19,900

Description

Detached four-storey building completed in 2018 with quality finishes throughout. Property features self-contained apartment units on each level above grade, with each unit offering afunctional open-concept kitchen and living area, 2 bedrooms, 2 bathrooms, and in-suite laundry. Living rooms feature gas fireplaces, while kitchens are finished with quartz countertops and quality cabinetry. Primary bedrooms include a 4-piece ensuite bathroom. Separate services are provided for each unit, including individual furnaces and tankless hot water systems. The building is also equipped with a full sprinkler system and elevator access. The property offers a three-car garage with driveway access from Adelaide Street West, along with additional surface parking located in front of the garage. Generating over $160,000+ in annual rental income, this is an exceptional investment opportunity ideal for investors seeking strong cashflow and long-term income potential. A rare turnkey asset with modern construction, quality finishes, and excellent income performance. A finished one-bedroom basement apartment with 1bathroom provides additional income flexibility and further enhances the property's value.

Amenities

  • Natural Gas
  • Other
  • Smoke Detector

Contact

505 Park Ave, New York, NY 10022