Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C3,999,900
($2,885,300)
(€2,487,800)
Annual Taxes:C12,722.02
Turnkey 16 unit residential investment in the heart of the Annex, offered as two buildings on one lot 14 studios in the main building plus a coach house with two ...
Description
Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of $268,906 with a projected NOI of $198,397. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood.
Amenities
- Public Transit
- Subways
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.
