For sale

438 Parliament St

Cabbagetown - St James Town, Toronto, Ontario

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Bedrooms

2

Bathrooms

3

Parking

2

Price

$2,188,800

MLS© ID

C6010507

Approx. Age

N/A

Listed Since

April 28th, 2023

Exterior

Brick, Concrete

Air Conditioning

Central Air

Heating

Forced Air

Pool

None

Type

Multiplex

Aprox. sq. footage

2500-3000

Taxes

$20,017

Style

3-Storey

Garage

None

Basement

Finished

Fireplace

Yes

Lot Size

18.00 x 142.00 Feet

DESCRIPTION

Excellent Investment Opportunity. Beautiful Versatile Commercial Residential Building In Beautiful Cabbagetown Neighborhood, 4 Units, 2 Commercial, 2 Residential Apt. Separate Hydro 2 Hvac Systems, Approx. 3850 Sqft. For All 4 Levels, 2-4 Parking Spots. Approx. $120K Gross, Est Gross Exp, $35K, Estimated Net Income $85K. Tremendous Upside Zoning Allows Up To 2.5 Story's Or More In The Back Portion Of The Property, Buyer To Verify All Zoning & Income. Main & 2nd Level Level Currently Used For Commercial Businesses, Residential Tenants On 3rd Level.

Extras: Lower Level Currently Vacant Can Be Used For Potential Recording Studio Or Art Gallery. Desirable Neighborhood, Quick Access To Ttc Streetcars & Buses. Steps To Restaurants, Cafes & Boutique Shops.

Amenities & Features

Type: Multiplex

Features: Arts Centre, Park, Place Of Worship, Public Transit, Rec Centre, School,

Brokerage: RE/MAX HALLMARK REALTY LTD., BROKERAGE

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