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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Church-Yonge Corridor
MLS Listing ID C12475124
Annual Tax Amount $21,959
Tax Year 2024
Property Sub-Type Investment
Property Description
5% cap rate in downtown Toronto. 10 min walk to Bloor & Yonge the cities most connected transit hub. 18 unit rooming house. $113k/unit. Steps away from everything. Close to financial district and U of T. Surrounded by high density residential and institutional development. Coin operated washers and dryers. Both include an intercom system. Phenomenal cash flow in downtown Toronto.
Location
Province ON
County Toronto
Community Church-Yonge Corridor
Area Toronto
Interior
Heating Yes
Cooling No
Exterior
Community Features Public Transit, Subways
Utilities Available Yes
Lot Frontage 30.02
Lot Depth 85.01
Building
Building Age 100+
Others
ParcelsYN No
Listed by MYSAK REALTY INC.