A 5.7% cap rate in one of Toronto's most desirable neighborhoods. Legal 6 x 2 bedroom units with incredibly finishes, better than condo quality with more style, grace and personality. Each unit has dishwashers, en-suite laundry, HVAC. The basement is a hidden gem with the potential to add 3 additional apartments. Basement has rough in's, a must see. 1 min walk to College. Clean Phase 1 2026. Separately metered hydro. Potential for two parking outdoor spaces. Ideally situated near Ossington, Little Italy, Trinity Bellwoods and excellent TTC access, this is a turnkey investment with stable strong in place cash flow with little maintenance required plus potential to add value in the basement. Scheduled Tours of all units will take place Saturday July 18th from 2:00 to 4:00pm. Please confirm attendance.
Under Contract:
None
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2 1/2 Storey
Total Approx Floor Area:
< 700
Lot Depth:
100'30.5 m
Lot Frontage:
50'15.2 m
Direction Faces:
East
Bedrooms:
12
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
6
Bedrooms Above Grade:
12
Kitchens Above Grade:
6
Rooms Above Grade:
30
Zoning:
R(d0.6*735)
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Brick
Roof:
Flat
Basement:
Partially Finished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Spaces:
2
Total Parking Spaces:
2.0
Family Room:
No
Possession Details:
FLEXIBLE
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$16,585 /
2025
Assessment:
$- /
-
Toronto
Toronto C01
Palmerston-Little Italy
Other
None
6 Fridges, 6 Stoves, 6 Washers, 6 Dryers, 6 Hot Water Tanks
Tenant belongings and any items specifically excluded by the seller.
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