- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- W9506069
- Photos (40)
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7.48% CAP RATE! A remarkable 15-unit Corner Building, located in the best High Park - Junction Neighbourhood in Toronto. 11,221 Square Foot building consists of 13 recently renovated residential units and 2 commercial units. Net Income has been increased substantially in the last couple of months with legacy tenant turnover. True Net Income is $299,359 including 5% management fee and proper repairs and maintenance expenses. The residential units are very spacious with perfect layouts, and all have their own Separate Laundry and HVAC. All the units are Separately Metred for Hydro and Gas. All Mechanicals, Electrical, Plumbing and HVAC have been Upgraded. This is the time to buy! Be the savvy investor who bought at such a High Cap Rate as interest rates continue to go down!
- Dundas St W & Jane St
- 105280089
- Property Type:
- Commercial
- Commercial Type:
- Commercial/Retail
- Depth:
- 138'
- Frontage:
- 56'
- Total Area:
- 11,221 sq. ft.
- Office/Apt Area:
- 9,520 sq. ft.
- Retail Area:
- 1,700 sq. ft.
- Zoning:
- MU
- Heating type:
- Radiant
- Garage:
- Outside/Surface
- Total Parking Spaces:
- 7
- Possession Details:
- TBA
- Taxes:
- $26,755 / 2024
- Assessment:
- $- / -
- Utilities:
- Y
- Water supply:
- Municipal
- Seller Property Info Statement:
- No
- Air Conditioning:
- Part
- Log/Bldg/Unit Code:
- Lot
- Sprinkler system:
- Yes
- Type Taxes:
- Annual
- Category:
- Multi-Use
- Freestanding:
- Yes
- Date Listed:
- Oct 22, 2024
- Original Price:
- $3,999,999
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Listed by INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.
Data was last updated November 8, 2024 at 03:55 PM (UTC)
- TRUST REALTY GROUP
- 416 400-1575
- Contact by Email
266 Roncesvalles ave
Toronto, ON M6R 2M1