- Status:
- Active
- Prop. Type:
- Freehold
- MLS® Num:
- X9353133
- 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 dont want to miss!
- Property Type:
- Freehold
- Freehold Type:
- Other
- Home Style:
- 3-Storey
- Approx. Age:
- 100+
- Total Approx Floor Area:
- 5000+
- Exposure:
- West
- Bedrooms:
- 0
- Bathrooms:
- 0.0
- Water supply:
- Municipal
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Basement:
- Apartment
- Fireplace/Stove:
- No
- Garage:
- Other
- Garage Spaces:
- 0
- Parking Spaces:
- 12
- Total Parking Spaces:
- 12
- Driveway:
- Available
- Possession Details:
- Immediate
- Taxes:
- $6,412.79 / 2023
- Assessment:
- $- / -
- Lake/Pond, Park
- Heating is a combination of forced air and electric baseboards, laundry exists for some tenants, and not others.
- Brick
- No
- No
- None
- UFFI:
- No
- Utilities Cable:
- Available
- Utilities Telephone:
- Available
- Utilities Gas:
- Available
- Utilities Hydro:
- Available
- Special Designation:
- Unknown
- Sewer:
- Sewers
- Air Conditioning:
- None
- Seller Property Info Statement:
- Yes
- Physically Handicapped-Equipped:
- No
- 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