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$ 2,990,000
Est. payment | /mo
5,455 SqFt
$ 2,990,000
Est. payment | /mo
5,455 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 5,455 sqft
Price per Sqft $548
Subdivision Roncesvalles
MLS Listing ID W12188848
Annual Tax Amount $13,287
Tax Year 2024
Property Sub-Type Investment
Property Description
Rarely available Investment Opportunity To Own A Well Maintained Legal 8-Plex sitting on a large 50.5ft x 113ft double corner lot in the heart of Roncesvalles. Existing cap rate nearly 5% with plenty of upside for improved rents and potential for future density. Partial vacancy possible so you can set your own rents in this highly sought after neighbourhood, steps from Sorauren Park, Roncesvalles and the Lakeshore. All the above grade units have their own outdoor space. Each unit has their own electric water heater. All tenants pay their own separately metered Hydro. See Floor Plans and Financials for more info.
Location
State ON
County Toronto
Community Roncesvalles
Area Toronto
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 50.5
Lot Depth 113.0
Listed by PROPERTY.CA INC.
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