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$ 5,795,000
Est. payment | /mo
23 Baths
5,316 SqFt
$ 5,795,000
Est. payment | /mo
23 Baths
5,316 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,316 sqft
Price per Sqft $1,090
Municipality Toronto W02
Subdivision Junction Area
MLS Listing ID W14176464
Annual Tax Amount $20,000
Tax Year 2026
Property Sub-Type Investment
Property Description
Impressive Trophy Multifamily Property! 12 Bed+4/18 Washrooms+5. Offering an assumable CMHC mortgage with an extremely low interest rate, maturing August 2031! Newly developed in 2026, this income-producing multiplex in Toronto's desirable High Park North/Junction neighbourhood offers an attractive 5.1% cap rate! Featuring six municipally approved residential units plus two additional potential basement suites. All units have been recently leased at current market rental rates, providing immediate income without legacy below-market tenancies. Designed with energy efficiency in mind, featuring modern finishes, new appliances, air conditioning, and on-site laundry. Includes three parking spaces and boasts an impressive 92 Walk Score! Steps from vibrant shops, restaurants, parks, and transit, with easy access to High Park, Bloor West Village, TTC subway stations, GO Transit, and UP Express. A rare opportunity to acquire a modern, income-producing investment in a prime Toronto location!
Location
Province ON
County Toronto
Community Toronto W02
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 36.75
Lot Depth 99.54
Building
Building Age 0-5
Others
ParcelsYN No
Listed by RE/MAX HALLMARK ARI ZADEGAN GROUP REALTY
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