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46 Montye Avenue
Runnymede-Bloor West Village Toronto M6S 2G9

$6,395,000 /For Sale
Commercial

Main Photo: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
Photo 1: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
Photo 2: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
Photo 3: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
Photo 4: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
Photo 5: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
Photo 6: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
Photo 7: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
Photo 8: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W9360454
Bus Major:
Apts-13 To 20 Units
46 Montye Avenue is a 13-unit, turnkey investment opportunity with attractive assumable CMHC financing. 9 of the 13 units have been fully renovated with condo quality finishes. The property NOI is approximately $258,000, and the 1st position assumable CMHC loan is $4,250,123 at 4.10% interest with a 50 year amortization, maturing in December, 2034. This opportunity offers predictable and steady cash flows, with further additional rental upside yet to be achieved through the 4 units that haven't been turned over. The building is immaculately maintained with little to no near term capital expenditure to worry about.
Jane & Annette
105200255
Property Type:
Commercial
Commercial Type:
Investment
Approx. Age:
51-99
Depth:
120'
Frontage:
50'1"
Total Area:
6,027 sq. ft.
Zoning:
RM(f12;u2;d0.8*252)
Heating type:
Gas Hot Water
Basement:
Full
Garage:
None
Possession Details:
Immediate
Taxes:
$17,890.54 / 2024
Assessment:
$- / -
UFFI:
No
Utilities:
Y
Water supply:
Municipal
Seller Property Info Statement:
No
Air Conditioning:
N
Log/Bldg/Unit Code:
Lot
Outside Storage:
No
Rail:
No
Type Taxes:
Annual
Category:
Apartment
Major Business Type:
Apts-13 To 20 Units
Freestanding:
Yes
Date Listed:
Sep 20, 2024
Original Price:
$6,395,000
  • Photo 1: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
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  • Photo 2: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
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  • Photo 3: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
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  • Photo 4: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
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  • Photo 5: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
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  • Photo 6: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
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  • Photo 7: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
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  • Photo 8: 46 Montye Avenue in Toronto: Runnymede-Bloor West Village Property for sale (Toronto W02)  : MLS®# W9360454
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Listed by CUSHMAN & WAKEFIELD
Data was last updated October 5, 2024 at 07:55 PM (UTC)