46 Pembroke Street
Toronto C08 M5A 2N7
Canada

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 9 BR
Bathrooms: 4

Financials

Price:C1,999,000
($1,418,400)
(€1,270,600)
Annual Taxes:C8,286.96
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario

Prime investment opportunity, or perfect live rent, on iconic Pembroke Street in Toronto's coveted Garden District.

Description

Prime investment opportunity, or perfect live/rent, on iconic Pembroke Street in Toronto's coveted Garden District. Impressive secured rent generating over $120,000 in annual income and operating at an impressive 5.2% cap rate. Showcasing stunning turn-of-the-century architecture on a substainial lot with 21.5-ft-width and private front courtyard, this extensively renovated three-unit property delivers an exceptional investment profile. Thoughtfully upgraded throughout, including all major mechanical systems offering individually controlled split-unit HVAC and multiple meters. 46 Pembroke St offers immediate income and compelling long-term potential. The stunning owner's suite will be vacant on closing, providing added flexibility to occupy one unit while benefiting from established rental income. Or, accommodate multigenerational ownership and capitalize on future rental potential. Secured tenancies provide a strong existing income foundation. Private rear parking for two vehicles, a rare downtown amenity, and the flexibility of a well-maintained, income-producing asset in an established rental market. Ideally located steps to TTC routes and streetcars, minutes to subway stations, multiple schools and poised to benefit from the future Ontario Line and enhanced transit connectivity. A rare opportunity to acquire a substantially upgraded, multi-unit investment combining strong income, exceptional flexibility and long-term appreciation potential in one of Toronto's most resilient rental markets. This one checks all the boxes! Don't miss out

Amenities

  • Accessible Public Transit Nearby
  • Floor Drain
  • In-Law Suite
  • Multiple Entrances
  • Open Floor Plan
  • Parking
  • Separate Heating Controls
  • Upgraded Insulation
  • Water Heater Owned

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.