Size
7412 sqft
Lot size
-
Street frontage
-
Possession
-
Price per sqft
$202
Taxes
$12,488.69 (2025)
Parking Type
-
Style
Other
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Description
Rates are coming down and this cap-rate is going up! Currently operating at a
6.88% cap-rate with market potential closer to 8.73% - it's hard to find buildings
cash flowing like this one! This fantastic investment opportunity is in the heart
of Preston with new investment happening all around and a plan for future LRT
nearby. This well maintained 7,412 sqft mixed-use building with quality, long term
residential and commercial tenants is a true turn-key opportunity. With 4
residential units and 2 commercial, this building offers a good mix of income
streams with fantastic upside potential. 2- two bedroom units and 2 - one bedroom
units on the upper levels. The Main floor commercial offers great street exposure
and long term leases. Potential for additional storage income. Equipment is all
owned, no rentals. Appliances included. Schedule a viewing today
Broker: RE/MAX SOLID GOLD REALTY (II) LTD.
MLS®#: 40827594
Property details
Parking:
3
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard,
Style:
Other
MLS Size:
7412 sqft
Lot front:
43 Ft
Listed on:
May 6, 2026
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