Size
-
Lot size
170.94 sqm
Street frontage
N
Possession
Flexible
Price per sqm
-
Taxes
$4,129.34 (2024)
Parking Type
-
Style
2-Storey
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Description
Beautifully renovated 3 unit building (legal non-conforming duplex, with spacious basement apartment) in trendy Corktown steps to publictransit, GO Station, mountain access & James Street amenities. Building currently grosses $5,100/ monthly (Main Floor Unit: $1,800 + hydro,Upper Unit: $1,900 + hydro, Lower Unit: $1,500 all inclusive), which gives the ability to cash flow at ~$700/ monthly/ 5.44% cap rate with 20%down at a 4.99% interest rate (30 year amortization) with current rents & liabilities in place. Building features a new furnace, newer roof, luxuryvinyl plank flooring, quartz countertops and stainless steel appliances. Each unit boasts large floor plans with great flow. Upper unit is completewith soaring ceiling heights, exposed brick & a private patio area. Main floor is a large 800 sqft, one bedroom apartment with an additionalprivate patio area. Basement apartment has a private separate entrance with a walk-out to the side yard. All units are occupied by singletenants. ***Can be packaged with property next door (25 Grove St), to allow for 6 unit purchase***. Book your showing today
EXTRAS:
EXTRAS:
Broker: REVEL REALTY INC.
MLS®#: X11929544
Property details
Parking:
2
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
-
Lot front:
6.1 M
Lot depth:
28.04 M
Listed on:
Jan 17, 2025
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Instant estimate:
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$14,545
lower than listed pricei
High
$842,211
Mid
$815,355
Low
$784,781
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