721 Shaw Street, Toronto | Image 1

721 Shaw Street

Toronto, Palmerston-Little Italy

  • 7 bed 3 bath
$1,949,900 est.*: $6,606/mo
For Sale

Added 2 months ago

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  • Type: Semi-Detached

  • Style: 2 1/2 Storey

  • Lot Size: 16.25 x 129 Feet

  • Age: No Data

  • Taxes: $6,263 per year

  • Days on Site: 67 Days

  • Added: Feb 15, 2024 (2 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: C8072914

  • Listed By: Sotheby`s international realty canada

Steps to Bloor, 721 Shaw is the perfect multi-family residential home to add to your growing portfolio or off-set your mortgage. The property currently boasts nearly $110k in gross annual income and a staggering 4.5% cap rate. The basement suite was renovated in 2020 and features 2-beds and a modern kitchen. The main floor suite includes 2-beds and a sun-drenched kitchen with views of the city skyline. The upper floor is the largest suite, spread over two floors with 3-beds and a sizeable family room. Proximity to Bloor and Ossington make this property extremely easy to access transit and attractive among tenants.

Extras

Exposed brick throughout, updated mechanical and kitchens, large garage at the rear is currently leased for an additional $307.50/mth, potential to add a laneway house, excellent tenants prefer to stay, private entry for the basement suite.

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Property

  • Status: Sale

  • Property Type: Semi-Detached

  • Style: 2 1/2 Storey

  • Area: Toronto

  • Community: Palmerston-Little Italy

  • Availability Date: 30/60 Days

Inside

  • Bedrooms: 7

  • Bathrooms: 3

  • Kitchens: 3

  • Rooms: 9

  • Den/Family Room: No

  • Air Conditioning: Window Unit

  • Fireplace: Yes

  • Washrooms: 3

Building

  • Basement: Finished

  • Basement 2: Sep Entrance

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Green Verification Status: N

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Lane

  • Garage Spaces: 1

  • Garage Type: Detached

  • Total Parking Spaces: 1

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 4 BLK C PL 430 CITY WEST AS IN CT968692; S/T & T/W CT96869

  • Taxes: $6,263

Land

  • Cross Street: Bloor/Ossington

  • Municipality District: Toronto C01

  • Fronting On: East

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 129 Feet

  • Lot Frontage: 16.25 Feet

  • Lot Irregularities: Survey Available

Rooms

Room details for 721 Shaw Street, Toronto

Type Dimensions
Living Ground 2.94 x 4.13
Kitchen Ground 2.94 x 4.28
Br Ground 2.77 x 3.90
Den Ground 2.94 x 3.95
Kitchen 2nd 2.58 x 2.87
Prim Bdrm 2nd 4.18 x 3.99
Br 2nd 3.90 x 3.26
Br 3rd 4.20 x 3.43
Living 3rd 4.21 x 3.71
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Walker's Paradise

  • Daily errands do not require a car.
97 /100

Rider's Paradise

  • Daily errands do not require a car.
91 /100

Biker's Paradise

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