Added 1 month ago
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Type: Investment
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Property Type: Commercial
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Business Type: Apts-6 To 12 Units
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Zoning: R (d1.0) (x7)
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Age: No Data
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Taxes: 17483.67
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MLS®#: E9250899
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Days on Site: 3 Days
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Added: Aug 12, 2024 (1 month ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: RE/MAX REALTRON REALTY INC.
Amazing investment opportunity for a savvy investor to add to their portfolio. Huge upside revenue potential most units are well below current market rent. 11 suites-1 X 2 Bedroom, 2 X 1 Bedroom, 8 X Bachelor. Unbelievable location in Danforth/Bloor area with public transit and highways within 5 minutes of property. Oppourtunity to increase rents as tenants vacate. Area supports high end rentals. Views of CN tower from 3 balconies. Includes rooftop patio, onsite parking, 3 garages & coin-op laundry for additional income. Steps to all necessary amenities such grocery store, shops, restaurants and entertainment.
Extras
Over $500K +++ spent on renovations and upgrades since 2018. 4 units are completely renovated and several units updated. Fully tenanted property with additional income from coin-operated laundry and garage. Intercom system available.
Property
Status: Sale
Type: Apts-6 To 12 Units
Property Type: Investment
Property Type: Apartment
Area: Toronto
Community: North Riverdale
Availability Date: TBA
Inside
Air Conditioning: Part
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Water Radiators
Energy Certificate: N
Green Verification Status: N
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: In/Out
Covered Parking Spaces: 7
Fees
Tax Year: 2024
Tax Legal Description: Pt Blk A Pl 274E Toronto Pt 1 & 4, 63R1212; S/T Er
Taxes: $17,484
Taxes Type: Annual
Land
Cross Street: South of Danforth Av
Municipality District: Toronto E01
Lot Depth: 140 Feet
Lot Frontage: 50 Feet
Zoning: R (d1.0) (x7)
Commercial Specific
Sprinklers: N
Total Area: 7000
Total Area Metric: Sq Ft
Area Influence: Major Highway
Area Influence: Public Transit
Lot Code: Lot
Quest Alternative School Senior
Elementary: PublicHoly Name Catholic School
Elementary: CatholicSprucecourt Junior Public School
Elementary: PublicFrankland Community School Junior
Elementary: PublicWithrow Avenue Junior Public School
Elementary: PublicJackman Avenue Junior Public School
Elementary: PublicMsgr Fraser College (St. Martin Campus)
Secondary: CatholicInglenook Community School
Secondary: PublicSEED Alternative
Secondary: PublicEastdale Collegiate Institute
Secondary: PublicCALC Secondary School
Secondary: PublicRosedale Heights School of the Arts
Secondary: Public
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