Size
-
Lot size
717.95 sqm
Street frontage
S
Possession
TBA
Price per sqm
-
Taxes
$26,755 (2024)
Parking Type
-
Style
2-Storey
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Description
7.48% CAP RATE! A remarkable 15-unit Corner Building, located in the best High Park - Junction Neighbourhood in Toronto. 11,221 Square Foot building consists of 13 recently renovated residential units and 2 commercial units. Net Income has been increased substantially in the last couple of months with legacy tenant turnover. True Net Income is $299,359 including 5% management fee and proper repairs and maintenance expenses. The residential units are very spacious with perfect layouts, and all have their own Separate Laundry and HVAC. All the units are Separately Metred for Hydro and Gas. All Mechanicals, Electrical, Plumbing and HVAC have been Upgraded. This is the time to buy! Be the savvy investor who bought at such a High Cap Rate as interest rates continue to go down!
EXTRAS:
EXTRAS:
Broker: INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.
MLS®#: W9506065
Property details
Parking:
7
Parking type:
-
Property type:
Multiplex
Heating type:
Radiant
Style:
2-Storey
MLS Size:
-
Lot front:
17.07 M
Lot depth:
42.06 M
Listed on:
Oct 23, 2024
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Instant estimate:
orto view instant estimate
$81,309
higher than listed pricei
High
$4,226,858
Mid
$4,081,308
Low
$3,875,952
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