- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X9352950
- Bus Major:
- Apts-6 To 12 Units
- Photos (38)
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This mixed-use property offers steady cash flow from 2 commercial units and 6 residential apartments, generating over $95,000 in annual income. Unit A: Office cleaning company, lease renewed through July 2025, tenant pays hydro ($898 with HST). Unit B: Accountants office, 5-year lease through May 2027 with 5% annual increases ($934.38 with HST). Residential Units: Includes a 4-bedroom apartment, bachelor units, and more, with a mix of all-inclusive and tenant-paid utilities. With an 8.66% ROI and strong tenancy in place, this property is perfect for investors seeking a reliable income stream. Its an opportunity you don't want to miss!
- King St. and Queen St.
- Property Type:
- Commercial
- Commercial Type:
- Investment
- Approx. Age:
- 100+
- Depth:
- 65'10½"
- Frontage:
- 134'8"
- Total Area:
- 8,859 sq. ft.
- Zoning:
- C1
- Heating type:
- Gas Forced Air Closd
- Basement:
- Full
- Garage:
- None
- Total Parking Spaces:
- 12
- Possession Details:
- Immediate
- Lot Irregularities:
- 134.67 ftx65.87 ftx 34.31 ftx65.87 ft
- Taxes:
- $6,412.79 / 2023
- Assessment:
- $- / -
- Utilities:
- A
- Water supply:
- Municipal
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- No
- Air Conditioning:
- N
- Chattels:
- No
- Log/Bldg/Unit Code:
- Building
- Sprinkler system:
- No
- Type Taxes:
- Annual
- Category:
- Apartment
- Major Business Type:
- Apts-6 To 12 Units
- Franchise:
- No
- Freestanding:
- Yes
- Date Listed:
- Sep 17, 2024
- Original Price:
- $750,000
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Data was last updated September 19, 2024 at 07:55 PM (UTC)
- MITRA NOBAKHT-EIVALY, Salesperson
- KELLER WILLIAMS REFERRED URBAN REALTY
- 416-572-1016
- Contact by Email
266 Roncesvalles ave
Toronto, ON M6R 2M1