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 already 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.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
No
Total Area:
0 sq. ft. Square Feet
Total Area:
0 sq. ft.0 m2
Lot Depth:
100'30.5 m
Lot Frontage:
50'15.2 m
Water supply:
Municipal
Zoning:
R(d0.6*735)
Heating type:
Gas Forced Air Open
Garage:
None
Parking Spaces:
2
Possession Details:
FLEXIBLE
HST Applicable To Sale Price:
Not Subject to HST
Assessment Year:
2026
Type Taxes:
Annual
Taxes:
$16,585 /
2026
Assessment:
$- /
2026
Toronto
Toronto C01
Palmerston-Little Italy
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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