Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C2,299,000
($1,641,600)
(€1,465,600)
Annual Taxes:C11,869
6 Plex Investor Opportunity With Excellent Development Potential In The Heart Of The Trendy Leslieville Neighbourhood.
Description
6-Plex Investor Opportunity With Excellent Development Potential In The Heart Of The Trendy Leslieville Neighbourhood. Situated On A 42 X 100 Ft Lot, This Property Offers Potential For Additional Storeys, Condo, Apartment Or Hotel Development, With Mixed-Use Commercial Space At The Base. Just Steps From Vibrant Queen St. East, Enjoy Easy Access To Some Of The City's Best Restaurants, Cafes And Shops. Potential Cap Rate Of 6% At Current Market Rents. Fully Tenanted With Roughly $8,900 Monthly Income. Floorplans, Survey, Exterior Photos Available. AS IS WHERE IS. Vacant possession. Ability To Sever Lot. 1349 & 1351 Queen St E. Are Adjoining Lots.
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.
