12 Bedroom
8 Bathroom
3,500 - 5,000 ft2
None
$2,400,000
6.29% Cap rate. Massive Parkdale Mansion. 8 Units ( 4 x two bedrooms , 4 x One bedrooms ) All currently rented. Over 5000 Sq Ft. updated Units .Gross Income over $185,000.Great Tenants. Steel Roof With Lifetime Warranty. Newer Boiler With Indirect Hot Water Tank.. Very Well Maintained. Easy To Rent. Stable rental income today with strong appreciation and rent growth potential tomorrow.South Parkdale is one of Torontos most desirable multifamily investment areas offering strong tenant demand, low vacancy, and steady cash flow today, with clear upside in rent growth as the neighbourhood continues to gentrify. Steps to downtown, transit, and the waterfront, properties here combine stability with long-term appreciation potential. (id:60626)
Property Details
|
MLS® Number
|
W12398027 |
|
Property Type
|
Multi-family |
|
Neigbourhood
|
Little Tibet |
|
Community Name
|
South Parkdale |
|
Features
|
Lane, Sump Pump |
|
Parking Space Total
|
6 |
Building
|
Bathroom Total
|
8 |
|
Bedrooms Above Ground
|
9 |
|
Bedrooms Below Ground
|
3 |
|
Bedrooms Total
|
12 |
|
Appliances
|
Water Heater |
|
Basement Features
|
Apartment In Basement, Separate Entrance |
|
Basement Type
|
N/a, N/a |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick, Concrete Block |
|
Foundation Type
|
Block, Stone |
|
Stories Total
|
3 |
|
Size Interior
|
3,500 - 5,000 Ft2 |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
153 Ft |
|
Size Frontage
|
34 Ft |
|
Size Irregular
|
34 X 153 Ft |
|
Size Total Text
|
34 X 153 Ft |
