118 Vaughan Road, Toronto | Image 1

118 Vaughan Road

Toronto, Humewood-Cedarvale

  • Commercial

$15,800,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-Over 20 Units

  • Zoning: RA (d2.5*543) Re

  • Age: No Data

  • Taxes: 51170.46

  • MLS®#: C9237878

  • Days on Site: 12 Days

  • Added: Aug 02, 2024 (1 month ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: RE/MAX PREMIER INC.

This rare opportunity to own an Investment Property with 32 units fully rented with fantastic long term tenants. Kept in pristine condition from the owner taking care of it. In the family since 1987 and having Pride of Ownership. Situated in a high demand location of downtown with transportation and all amenities. Possible re-development. Possible addition to existing building. Building having 32 Units on 4 Storeys, which include 8 Junior 1 Bedroom Units, 8 One Bedroom Units, 16 Two bedrooms Units. Laundry facility in building. Some units renovated.

Extras

Appliances in all units, Fire Safety in place, Roof Replaced, Heating System Replaced, Immaculate Building.

Property

  • Status: Sale

  • Type: Apts-Over 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Toronto

  • Community: Humewood-Cedarvale

  • Availability Date: TBA

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Water Radiators

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 32 PL 1322 TWP OF YORK, TORONTO (YORK). CITY OF TORONTO

  • Taxes: $51,170

  • Expenses: Est

  • Taxes Type: Annual

Land

  • Cross Street: Vaughan Rd & St. Cla

  • Municipality District: Toronto C03

  • Sewer: Sanitary

  • Lot Depth: 150 Feet

  • Lot Frontage: 60 Feet

  • Zoning: RA (d2.5*543) Re

Commercial Specific

  • Rail: N

  • Sprinklers: N

  • Total Area: 9000

  • Total Area Metric: Sq Ft

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Financial Statement: Y

JK-8

St Alphonsus Catholic School

Elementary: Catholic
0.82 km
JK-8

Holy Rosary Catholic School

Elementary: Catholic
0.64 km
JK-6

Hillcrest Community School

Elementary: Public
0.75 km
7-8

Winona Drive Senior Public School

Elementary: Public
1.09 km
JK-6

McMurrich Junior Public School

Elementary: Public
1.02 km
JK-8

Humewood Community School

Elementary: Public
0.57 km
9-12

Msgr Fraser Orientation Centre

Secondary: Catholic
2.03 km
9-12

West End Alternative School

Secondary: Public
2.43 km
9-12

Msgr Fraser College (Alternate Study) Secondary School

Secondary: Catholic
1.97 km
9-12

Vaughan Road Academy

Secondary: Public
1.43 km
9-12

Oakwood Collegiate Institute

Secondary: Public
1.34 km
9-12

Forest Hill Collegiate Institute

Secondary: Public
2.09 km