Nest Seekers

Old world charm meets a modern addition in this exceptional, fully tenanted investment property, just steps from the University of Toronto, in a location that simply cannot be better.

Toronto C01 M5S 1G6
Canada

Listing

Web ID:5731484
Website:https://www.nestseekers.com/5731484

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C3,950,000
($2,849,300)
(€2,456,800)
Annual Taxes:C18,892.68

Description

Old world charm meets a modern addition in this exceptional, fully tenanted investment property, just steps from the University of Toronto, in a location that simply cannot be better. Lovingly owned and meticulously maintained by the same owners for nearly two decades, with no corners cut, the property is now ready to pass the torch to a new generation of ownership. The property comprises a beautiful detached Victorian building fronting on Harbord Street, together with a modern, newly constructed two-unit residential building at the rear with convenient laneway access. The front building features an established fine-dining restaurant on the main floor that has been ranked among Canada's top 20 restaurants, a boutique music school in the lower level, a two-bedroom apartment on the second floor, and two one-bedroom loft-style apartments on the third floor. The rear addition offers a one-bedroom apartment and a spacious three-bedroom loft apartment with two large balconies. Fully occupied by stable, long-term AAA+ tenants and generating a strong income stream with an impressive cap rate. 2 Parking. Ideally located close to TTC, shops, cafés, fine dining and professional offices.

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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