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$ 6,300,000
Est. payment | /mo
15,000 SqFt
$ 6,300,000
Est. payment | /mo
15,000 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $420
Municipality Toronto C03
Subdivision Humewood-Cedarvale
MLS Listing ID C14162324
Annual Tax Amount $43,102
Tax Year 2025
Property Sub-Type Investment
Property Description
Apartment Investment Opportunity in the prime neighbourhood of Humewood-Cedarvale near Bathurst and St Clair! Very transit oriented with access to the St.Cair W subway, the Vaughan Road bus, the St Clair streetcar and a very walkable neighbourhood to various amenities including grocery, gym, restaurants and salons. The building with 25 units is almost 100% leased, comprised of mostly 1 bedroom units and has coin laundry on site. Offering solid cash flow with compelling rental upside, this is an opportunity to further enhance an existing income-producing asset and drive meaningful NOI growth by optimizing rents through strategic suite improvements upon turnover as well as streamlining operating expenses. For investors seeking a strategic acquisition with multiple levers to increase income and strengthen returns, this property presents an exciting opportunity to capitalize on the fundamentals of Toronto's rental market.
Location
Province ON
County Toronto
Community Toronto C03
Area Toronto
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 50.0
Lot Depth 120.0
Others
Security Features No
ParcelsYN No
Listed by LENNARD COMMERCIAL REALTY
Nearby Locations
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