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
Shiyon Yeganeh
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). 557 Markham St has an asking price of $2999000, and has been on the market since November 2024. This multiplex 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.

557 Markham St, Toronto is a short distance away from Mallo for that morning caffeine fix and if you're not in the mood to cook, CSI Coffee Pub, Panago Pizza and Georges Deli & BBQ are near this multiplex. For groceries there is Archer Dentist which is not far.

Living in this Palmerston multiplex is easy. There is also Bathurst St at Lennox St Bus Stop, only steps away, with route Bathurst Night Bus, and route Bathurst nearby. For drivers, the closest highway is Gardiner Expressway and is within a few minutes drive from 557 Markham St, making it easier to get into and out of the city getting on and off at Rees St.