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 6.78% cap-rate with market potential closer to 8.64% - 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®#: 40767242
Property details
Parking:
3
Parking type:
-
Property type:
Multiplex
Heating type:
Baseboard,
Style:
Other
MLS Size:
7412 sqft
Lot front:
43 Ft
Listed on:
Sep 8, 2025
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