A 5. 7 cap rate in one of Toronto's most desirable neighborhoods.


Property

Website:https://www.nestseekers.com/5633078
Address:
Toronto C01 M6G 3J7
Canada
Ownership: For Sale
Type: Unknown
Bedrooms: 12 BR
Bathrooms: 6

Financials

Price:C3,549,000
($2,564,400)
(€2,197,400)
Annual Taxes:C16,585

Description

A 5.7% cap rate in one of Toronto's most desirable neighborhoods. Legal 6 x 2 bedroom units with incredibly finishes, better than condo quality with more style, grace and personality. Each unit has dishwashers, en-suite laundry, HVAC. The basement is a hidden gem with the potential to add 3 additional apartments. Basement has rough in's, a must see. 1 min walk to College. Clean Phase 1 2026. Separately metered hydro. Potential for two parking outdoor spaces. Ideally situated near Ossington, Little Italy, Trinity Bellwoods and excellent TTC access, this is a turnkey investment with stable strong in place cash flow with little maintenance required plus potential to add value in the basement.

Amenities

  • Other

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario