Apartment Investment Opportunity in the prime neighbourhood of Humewood Cedarvale near Bathurst and St Clair !
210 Vaughn Road
Toronto C03 M6C 2M3
Canada
Listing
| Web ID: | 5846217 |
|---|---|
| Website: | https://www.nestseekers.com/5846217 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C6,300,000
($4,463,100)
(€4,003,000)
Annual Taxes:C43,102.98
Description
Apartment Investment Opportunity in the prime neighbourhood of Humewood-Cedarvale near Bathurst and St Clair! Very transit oriented with access to the St.Cair W subway, the Vaughn Road bus, the St Clair streetcar and a very walkable neighbourhood to various amenities including grocery, gym, restaurants and salons. The building with 27 units is almost 100% leased, comprised of mostly 1 bedroom units and has coin laundry on site. Offering solid cash flow with compelling rental upside, this is an opportunity to further enhance an existing income-producing asset and drive meaningful NOI growth by optimizing rents through strategic suite improvements upon turnover as well as streamlining operating expenses. For investors seeking a strategic acquisition with multiple levers to increase income and strengthen returns, this property presents an exciting opportunity to capitalize on the fundamentals of Toronto's rental market.