14 Torbolton Drive, Toronto | Image 1

14 Torbolton Drive

Toronto, Rexdale-Kipling

  • Commercial

$X,XXX,XXX
For Sale

Added 3 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-13 To 20 Units

  • Zoning: RA*13

  • Age: No Data

  • Taxes: 24086

  • MLS®#: W11822451

  • Days on Site: 1 Days

  • Added: Dec 02, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: LENNARD COMMERCIAL REALTY

14 Torbolton Dr is a 16 unit apartment building with 6 - 1 bedroom suites and 10 - 2 bedroom suites. The building features four balconies, on site laundry, it is individually meter hydro, and has ample tenant parking with 10 surface stalls and 8 garages. Value add investment opportunity with over 68% upside in rental income on turnover. Their is potential to add an additional unit in the basement where the locker room is. Located in a gentrifying neighborhood with easy access to arterial transit routes. Major nearby retailers include Costco, Walmart, Canadian Tire and Home Depot.

Property

  • Status: Sale

  • Type: Apts-13 To 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Toronto

  • Community: Rexdale-Kipling

  • Availability Date: Immediate

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Hot Water

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Other

  • Covered Parking Spaces: 18

Fees

  • Tax Year: 2024

  • Taxes: $24,086

  • Taxes Type: Annual

Land

  • Cross Street: Islington Ave & Rexd

  • Municipality District: Toronto W10

  • Sewer: San+Storm

  • Lot Depth: 215.26 Feet

  • Lot Frontage: 132.16 Feet

  • Zoning: RA*13

Commercial Specific

  • Sprinklers: N

  • Total Area: 0.53

  • Total Area Metric: Acres

  • Lot Code: Lot

  • Survey: N

Map of 14 Torbolton Drive, Toronto
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