5% cap rate in downtown Toronto. 10 min walk to Bloor & Yonge the cities most connected transit hub. 18 unit rooming house. $113k/unit. Steps away from everything. Close to financial district and U of T. Surrounded by high density residential and institutional development. Coin operated washers and dryers. Both include an intercom system. Phenomenal cash flow in downtown Toronto.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
100+
Total Area:
0 sq. ft. Square Feet
Total Area:
0 sq. ft.0 m2
Lot Depth:
85'⅛"25.9 m
Lot Frontage:
30'¼"9.15 m
Lot Details:
43.81 x 86.81 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
R(D1*874)
Heating type:
Baseboard
Cooling:
No
Garage:
Lane
Parking Spaces:
1
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$21,959 /
2024
Assessment:
$- /
-
Toronto
Toronto C08
Church-Yonge Corridor
Public Transit, Subways
18 fridges (17 are compact fridges), 1 stove, 2 hot water tanks, 2 washers, 2 dryers
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