557 Markham Street, Toronto | Image 1

557 Markham Street

Toronto, Palmerston-Little Italy

  • 5 bed 6 bath
$2,999,000 est.*: $10,159/mo
For Sale

Added 3 weeks ago

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  • Type: Multiplex

  • Style: 2 1/2 Storey

  • Lot Size: 22 x 125 Feet

  • Age: No Data

  • Taxes: $9,771 per year

  • Days on Site: 19 Days

  • Added: Nov 22, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: C10454156

  • Listed By: Freeman real estate ltd.

Turnkey investment in the heart of Little Italy! This grand semi-detached home at Bloor & Bathurst offers 6 self-contained rental units (5 occupied) a perfect portfolio addition. The property features 5 one-bedroom units and a spacious 2-level, 2-bedroom suite, and many updates throughout the property. Solid & sympatico tenants provide peace of mind to this investment opportunity. Unbeatable location: steps to Bloor St, Bathurst Subway, U of T, and directly across from the redeveloped and new Mirvish Village. Enjoy nearby shopping, parks, cafes, and dining. Five units enjoy outdoor spaces, two include in-unit laundry, and there's a 2-car garage with laneway access plus a laneway suite study offering exciting development potential. Monthly revenue is approx. $10,320/mo, and once fully occupied projected monthly revenue of $12,580/mo is expected once the recently renovated unit is leased. Investment opportunity not to be missed.

Extras

Strength in numbers: 555 & 565 Markham St. are also for sale (MLS). Maximize your economies of scale, or dream bigger and assemble 3 flagship properties in enviable location. Located on a Low-Traffic, Tree-lined, One-way Street.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2 1/2 Storey

  • Area: Toronto

  • Community: Palmerston-Little Italy

  • Availability Date: TBD

Inside

  • Bedrooms: 5

  • Bedrooms Plus: 2

  • Bathrooms: 6

  • Kitchens: 5

  • Kitchens Plus: 1

  • Rooms: 14

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 6

Building

  • Basement: Apartment

  • Basement 2: Fin W/O

  • Heat Type: Water

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Other

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Lane

  • Garage Spaces: 2

  • Garage Type: Detached

  • Covered Parking Spaces: 2

  • Total Parking Spaces: 2

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 7-8 PL 636 CITY WEST AS IN CT841347; CITY OF TORONTO

  • Taxes: $9,771

Highlights

  • Feature: Fenced Yard

  • Feature: Place Of Worship

  • Feature: Public Transit

  • Feature: School

Land

  • Cross Street: Bathurst & Bloor (St

  • Municipality District: Toronto C01

  • Fronting On: East

  • Parcel Number: 212540224

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 125 Feet

  • Lot Frontage: 22 Feet

Rooms

Room details for 557 Markham Street, Toronto

Type Dimensions
Living Main 4.01 x 4.57
Br Main 5.21 x 4.11
Kitchen Main 2.49 x 2.13
Living Main 3.05 x 5.44
Br Main 3.40 x 4.98
Kitchen Main 2.13 x 3.71
Living 2nd 3.99 x 4.37
Br 2nd 4.22 x 4.83
Kitchen 2nd 2.34 x 2.90
Living 2nd 3.05 x 2.44
Br 2nd 3.56 x 2.44
Living 3rd 4.06 x 3.35
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Walker's Paradise

  • Daily errands do not require a car.
99 /100

Rider's Paradise

  • Daily errands do not require a car.
98 /100

Biker's Paradise

  • Daily errands do not require a car.
100 /100
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Map of 557 Markham Street, Toronto
7-8

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Elementary: Public
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JK-8

St Francis of Assisi Catholic School

Elementary: Catholic
0.81 km
JK-6

Montrose Junior Public School

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JK-6

Clinton Street Junior Public School

Elementary: Public
0.66 km
JK-6

Palmerston Avenue Junior Public School

Elementary: Public
0.71 km
JK-8

King Edward Junior and Senior Public School

Elementary: Public
0.65 km
9-12

Msgr Fraser Orientation Centre

Secondary: Catholic
0.44 km
9-12

West End Alternative School

Secondary: Public
0.67 km
9-12

Msgr Fraser College (Alternate Study) Secondary School

Secondary: Catholic
0.50 km
9-12

Loretto College School

Secondary: Catholic
0.17 km
9-12

Harbord Collegiate Institute

Secondary: Public
0.31 km
9-12

Central Technical School

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0.27 km

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