$3,300,000

Investment For Sale In Cabbagetown South, Toronto (Cabbagetown-South St. James Town), Ontario

$3,300,000

Property Information:

Solid Investment Opportunity! Fully Leased 6-Unit Corner Property (Investor Special) and 5.49% Cap !This meticulously renovated corner property boasts 6 income-generating units (Rental Income). It features 2 beautiful 2-bedroom apartments, and all units have new decks, kitchens, furnaces, and plumbing with upgraded 200-amp service. Updates include a young 8-year-old roof and a 9-year-old boiler system (minimal maintenance!).Excellent Location & Development Potential:Situated next to a well-established restaurant, this high-traffic corner offers excellent visibility and a consistent rental history. With potential for future development (flexible zoning, motivated seller - neighbor interest expressed!), this is a solid investment with long-term value upside.Don't miss out on this turnkey (as-is) opportunity! **** EXTRAS **** 6 Fridges, 6 Stoves, 6 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental. (35004803) (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 13
  • Irregular: Yes
  • Lot Depth: 132.5 Feet
  • Lot Frontage: 19.3 Feet
  • Lot Size: 19.28 x 132.56 FT
  • Zoning: Commercial

Courtesy of: CITIBLOC REALTY, INTERNATIONAL REALTY FIRM, INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.