Size
-
Lot size
5322 sqft
Street frontage
-
Possession
Immediate
Price per sqft
$21 - $275
Taxes
$13,473.76 (2025)
Parking Type
-
Style
3-Storey
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Description
5 unit building in the heart of Centertown. Discover a rare investment opportunity with a solid brick building, perfectly situated in the vibrant heart of Centertown. Offering timeless character and strong income potential, this gem features five apartments, each with unique charm and architectural details that echo the building's heritage. From the original brick façade and large sash windows to the high ceilings and hardwood floors, the property exudes classic appeal while offering modern comfort. The spacious units ranging from one to two bedrooms are thoughtfully laid out and filled with natural light, making them highly desirable for long-term tenants and professionals seeking downtown living. Conveniently located steps from shops, restaurants, public transit, and cultural attractions, this building offers both lifestyle and location. Whether you're an investor looking to expand your portfolio or a visionary seeking a boutique residential project, this property delivers on every front. Key Features: 5 self-contained apartments, Prime Centertown location, Historic brick architecture, High tenant demand area, Excellent walkability and transit access, Potential for increased rental income. Don't miss this opportunity to own a piece of Centertown's history with solid returns and endless potential. Unit mix consists of 3-3 bedrooms, 2-1 bedroom units. Gross income: $117,078.88 Net Income: $79,532.12, Expenses- Hydro $685, Gas $5659, Property taxes-$13,473.76, Insurance-10,875, Snow 1385 , Property Management- 5469.
Broker: RE/MAX HALLMARK SAM MOUSSA REALTY
MLS®#: X12271223
Property details
Parking:
2
Parking type:
-
Property type:
Multiplex
Heating type:
Water
Style:
3-Storey
MLS Size:
5000-65535 sqft
Lot front:
53 Ft
Lot depth:
98 Ft
Listed on:
Jul 8, 2025
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Instant estimate:
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$41,731
higher than listed pricei
High
$1,487,568
Mid
$1,416,731
Low
$1,345,895
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