$5,275,000

Investment For Sale In Cabbagetown, Toronto, Ontario

$5,275,000

Property Information:

Rare investment opportunity, 5% Cap Rate, with further value add opportunity available. 206 Carlton St. is a 3 storey, 3,841 SF student house in downtown Toronto. The building has 20 units, all fully occupied, with 4 more additional units being added. Upgraded cosmetic renovation complete in 2021 along with new appliances & HVAC. 206 Carlton St. has excellent exposure to nearby city transit with bus stops right outside the front door and the nearest subway entrance is within walking distance. (id:27)

Building Features:

  • Style: Fourplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit
  • Irregular: Yes
  • Lot Depth: 120.0 Feet
  • Lot Frontage: 25.0 Feet
  • Lot Size: 25 x 120 FT
  • Zoning: CR1.5
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 2

Courtesy of: INTERNATIONAL REALTY FIRM, INC.

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

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