557 Markham St

557 Markham St
557 Markham St
557 Markham St
+25
5+2
 bed
6
 bath
2
 parking
-
 sqft
Multiplex
$2,999,000
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$2,999,000
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Size
-
Lot size
255.48 sqm
Street frontage
E
Possession
TBD
Price per sqm
-
Taxes
$9,770.84 (2024)
Parking Type
Detached Garage
Style
2 1/2 Storey
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Description
Turnkey investment in the heart of Little Italy! This grand semi-detached home at Bloor & Bathurst offers 6 self-contained rental units (5 occupied) a perfect portfolio addition. The property features 5 one-bedroom units and a spacious 2-level, 2-bedroom suite, and many updates throughout the property. Solid & sympatico tenants provide peace of mind to this investment opportunity. Unbeatable location: steps to Bloor St, Bathurst Subway, U of T, and directly across from the redeveloped and new Mirvish Village. Enjoy nearby shopping, parks, cafes, and dining. Five units enjoy outdoor spaces, two include in-unit laundry, and there's a 2-car garage with laneway access plus a laneway suite study offering exciting development potential. Monthly revenue is approx. $10,320/mo, and once fully occupied projected monthly revenue of $12,580/mo is expected once the recently renovated unit is leased. Investment opportunity not to be missed.

EXTRAS: Strength in numbers: 555 & 565 Markham St. are also for sale (MLS). Maximize your economies of scale, or dream bigger and assemble 3 flagship properties in enviable location. Located on a Low-Traffic, Tree-lined, One-way Street.
Broker: FREEMAN REAL ESTATE LTD.
MLS®#: C10454156
Property details
Parking:
2
Parking type:
Detached Garage
Property type:
Multiplex
Heating type:
Water
Style:
2 1/2 Storey
MLS Size:
-
Lot front:
6.71 M
Lot depth:
38.1 M
Listed on:
Nov 23, 2024
Show all details
Rooms
LevelNameSizeFeatures
Main
Living
1.4 x 1.2 m
Hardwood Floor, Combined W/Kitchen, Bay Window
Main
Br
1.3 x 1.6 m
Hardwood Floor, Fireplace, French Doors
Main
Kitchen
0.7 x 0.8 m
Tile Floor, Open Concept
Main
Living
1.7 x 0.9 m
Laminate, Combined W/Kitchen, L-Shaped Room
Main
Br
1.5 x 1.0 m
Laminate, Closet, W/O To Yard
Main
Kitchen
1.1 x 0.7 m
Combined W/Living, Laminate
2nd
Living
1.3 x 1.2 m
Hardwood Floor, Combined W/Kitchen, W/O To Balcony
2nd
Br
1.5 x 1.3 m
Hardwood Floor, Closet
2nd
Kitchen
0.9 x 0.7 m
, Closet
2nd
Living
0.7 x 0.9 m
Laminate, Combined W/Kitchen, W/O To Deck
2nd
Br
0.7 x 1.1 m
Laminate, Closet, O/Looks Backyard
3rd
Living
1.0 x 1.2 m
Combined W/Kitchen, Hardwood Floor, W/O To Deck
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Instant estimate:
orto view instant estimate
$75,436
higher than listed price
i
High
$3,184,078
Mid
$3,074,436
Low
$2,919,741
Ted Prothero
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: C10454156
Listed by FREEMAN REAL ESTATE LTD.

About 557 Markham St

557 Markham St is a Toronto multiplex for sale right off Bathurst and Bloor (Steps to transformed Mirvish Village). This multiplex was listed at $2999000 in November 2024 and has 5+2 beds and 6 bathrooms. 557 Markham St resides in the Toronto Palmerston neighbourhood, and nearby areas include Seaton Village, The Annex, Bickford Park and Little Italy.

There are a lot of great restaurants around 557 Markham St, Toronto. If you can't start your day without caffeine fear not, your nearby choices include Mallo. Nearby grocery options: Archer Dentist is not far.

For those residents of 557 Markham St, Toronto without a car, you can get around rather easily. The closest transit stop is a Bus Stop (Bathurst St at Lennox St) and is only steps away connecting you to Toronto's public transit service. It also has route Bathurst Night Bus, and route Bathurst nearby. If you're driving from 557 Markham St, you'll have decent access to the rest of the city by way of Gardiner Expressway as well, which is within a few minutes drive using Rees St ramps.