156 Barrington Avenue, Toronto, ON, M4C 4Z2

MLS® # 40675484

Investment For Sale In Crescent Town, Toronto, Ontario

$5,399,888

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156 Barrington Avenue, Toronto, ON - Outdoor

156 Barrington Avenue, Toronto, ON - Outdoor With Exterior

156 Barrington Avenue, Toronto, ON - Indoor

156 Barrington Avenue, Toronto, ON - Indoor Photo Showing Office

156 Barrington Avenue, Toronto, ON - Indoor Photo Showing Bedroom

156 Barrington Avenue, Toronto, ON - Indoor Photo Showing Bathroom

156 Barrington Avenue, Toronto, ON - Indoor Photo Showing Living Room

156 Barrington Avenue, Toronto, ON - Indoor Photo Showing Other Room

156 Barrington Avenue, Toronto, ON - Indoor Photo Showing Kitchen

156 Barrington Avenue, Toronto, ON - Indoor Photo Showing Laundry Room

156 Barrington Avenue, Toronto, ON - Indoor Photo Showing Basement

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156 Barrington Avenue, Toronto, ON, M4C 4Z2

$5,399,888

Property Information:

This exclusive 12-unit apartment building in Toronto's East End offers a high-yieldinvestment with a 2023 net operating income of $313,042 and a 5.8% cap rate. With1 bachelor unit and 11 two-bedroom units, this 3-storey walk-up features intercomaccess, coin-operated laundry, and 8 rentable parking spaces, all designed tomaximize income potential. Strategically upgraded, the property includes renovatedkitchens, bathrooms, fresh paint, modern flooring, and 100-amp panels in eachunit. A new boiler (2021) and 13 hydro meters add efficiency, making it anattractive choice for tenants and owners. Located near Danforth Village, MainStreet Subway, and Danforth GO, the building is ideally situated for commuters,providing easy access to downtown Toronto and nearby amenities like parks,schools, and Greektowns vibrant community. High demand and rising rental ratesmake this area highly sought-after with low vacancy rates. With limited newconstruction, this property stands out as a turnkey investment with strong cashflow in a growing market.

Inclusions: Other,Fridge, Stove, Washer, Dryer, Boilers, Hot Water Tanks, Camera System, Sheds

Exclusions : Tenant Belongings

Building Features:

Floor Space: 12240 Square Feet

Property Features:

Bedrooms: 0
Acres Range: < 0.5
Basement: None
Construction Materials: Brick
Cooling: None
Driveway Parking: Outside/Surface/Open
Floor Space (approx): 12240 Square Feet
Heating: Natural Gas, Radiant
Interior Features: Other
Laundry Features: Coin Operated
Lot Depth: 146.79 Feet
Lot Features: Hospital, Park, Schools
Lot Frontage: 75.09 Feet
Roof: Asphalt, Flat
Water Source: Municipal
Water Treatment:
Zoning: RD(f6;a185;d0.75)
Sewer: Sewer (Municipal)
No. of Parking Spaces: 8

Courtesy of: Re/Max Gold Realty Inc., Brokerage

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Location of 156 Barrington Avenue, Toronto, ON, M4C 4Z2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 156 Barrington Avenue , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.4 degrees Celsius.

Projected Avg. Temperature

Past

30.8℃

2050

34.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

56/100

Moderate

ClimateCheck®

Current data

This property, 156 Barrington Avenue , experiences 11 significant 2-day storms per year, with about 299.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 370.7mm of precipitation per year.

Precipitation Per Storm

Past

299.2mm

2050

370.7mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 156 Barrington Avenue, Toronto, ON, M4C 4Z2

Life Stage

Young Families

Employment Type

Service Sector

Average Household Income

$106,739.81

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.02 %

High school certificate or equivalent

27.25 %

Apprenticeship trade certificate/diploma

3.2 %

College/non-university certificate

19.1 %

University certificate (below bachelor)

2.07 %

University Degree

32.35 %

Commuter

Travel To Work

By Car

47.98 %

By Public Transit

40.87 %

By Walking

4.89 %

By Bicycle

1.3 %

By Other Methods

4.96 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

66.4 %

Houses

33.6 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 156 Barrington Avenue, Toronto, ON, M4C 4Z2

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 156 Barrington Avenue, Toronto, ON, M4C 4Z2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

156 Barrington Avenue, Toronto, ON, M4C 4Z2

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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