Message Number348694
statusActive
Subject LineExcellent Small Apartment Building - 20 Units in good rental area - 100% occupied - Rent Increase Potential - 3.2 mil. - 4% CR
Business area
Canada
Ontario
Greater Toronto area
Toronto
Location, CityToronto
Have/WantHave
Business categoryApartment buildings/multi unit/condo townhouse projects/investments
Date of ListingFebruary 16 2017
Type DescriptionApartment Building
LocationToronto
Price$3,200,000.00
ZoningResidential
Net Income125 k
Cap Rate4%
Comments- Located in trendy South Parkdale neighbourhood
- Total building area approximately 5,227 square feet
- 3-storey walk-up apartment building
- Close to all amenities along Queen Street West
- Short walk to public transit connecting to the Downtown
- Potential to sub-meter hydro
- Upside potential in rents
- Low operating expenses
- Low property tax
- 20 bachelor suites
- 100% occupied
- Free and clear of mortgage debt
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NameLeonardo Hara
TitleSales Representative
Company NameSmart Choice Realty Solutions, Brokerage
Address Line One1885 Wilson Avenue, suite 208
CityToronto
State/ProvinceOntario
Zip/Postal CodeM9M 1A2
CountryCanada
Business Phone Number(647)668-4272
Cell Number647 668-4272
Home Number647 668-4272
FAX Number416 944-1585
Email AddressSend Email
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