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RE/MAX Realtron Realty Inc., Brokerage*

ALAN ABBASI
REALTOR®
Office Phone: 416-222-8600
Direct: 416-829-6020
www.alanhomes.ca

RE/MAX Realtron Realty Inc., Brokerage*
Pic_of_house
Status:
For Sale
Property Price:
$4,888,888
Business Type:
Apts-6 To 12 Units
Property Type:
Investment
Cross Street:
South of Danforth Ave./Broadvi
Heating:
Water Radiators
Financial Statement:
No
Freestanding:
Yes
Front Footage:
50
Industrial Area:
0
Legal Description:
Pt Blk A Pl 274E Toronto Pt 1 & 4, 63R1212; S/T Er
Total Size:
7000 Sq Ft
Type Taxes:
Annual
Zoning:
R (d1.0) (x7)
Lot Size:
50 X 140 Feet
Garage/Parking Type:
In/Out
Water:
Municipal
Remarks:

Amazing investment opportunity for a savvy investor to add to their portfolio. Huge upside revenue potential most units are well below current market rent. 11 suites-1 X 2 Bedroom, 2 X 1 Bedroom, 8 X Bachelor. Unbelievable location in Danforth/Bloor area with public transit and highways within 5 minutes of property. Oppourtunity to increase rents as tenants vacate. Area supports high end rentals. Views of CN tower from 3 balconies. Includes rooftop patio, onsite parking, 3 garages & coin-op laundry for additional income. Steps to all necessary amenities such grocery store, shops, restaurants and entertainment.

Over $500K +++ spent on renovations and upgrades since 2018. 4 units are completely renovated and several units updated. Fully tenanted property with additional income from coin-operated laundry and garage. Intercom system available.

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ALAN  ABBASI, REALTOR®

RE/MAX Realtron Realty Inc., Brokerage*

ALAN ABBASI
REALTOR®
Office Phone: 416-222-8600
Direct: 416-829-6020
www.alanhomes.ca

RE/MAX Realtron Realty Inc., Brokerage*
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