Toronto C01 M5V 1N4
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C12,250,000
($8,650,300)
(€7,605,700)
Annual Taxes:C74,897
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario

Optimum investment opportunity with exceptional rental income.

Description

Optimum investment opportunity with exceptional rental income . Seven (7) units in a Superb High Visibility Location. Busy Vehicle And Pedestrian Traffic. Also 7 dedicated underground parking spaces included. One Of The Hottest And Rapidly Developing Areas With Several New Condo Developments Nearby. In The Burgeoning Corridor Between King/Bathurst And Liberty Village. Steps away from new Bathurst subway station of the new TTC Ontario Line; AND the TTC streetcar Stops In Front. Includes 7 dedicated Underground Parking spaces . 132 feet frontage combined on King St W. Ownership is retiring. Annual NET revenue (NOI) $565,000 with escalations. Vendor Take Back mortgage is available at favorable terms and Low interest rate.

Amenities

  • Public Transit

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.