Nest Seekers

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.

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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