REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,696,000
Est. payment | /mo
7 Baths
4,494 SqFt
$ 2,696,000
Est. payment | /mo
7 Baths
4,494 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,494 sqft
Price per Sqft $599
MLS Listing ID E11823354
Annual Tax Amount $9,241
Tax Year 2024
Property Description
Great opportunity to live and rent or just as a total investment property. Top floor is a 3-bedroom unit. Second floor is a 3-bedroom unit with possible alterations. Main floor is a 2-bedroom unit. And the lower unit is a 1-bedroom unit with possibilities to change to a 2-bedroom unit. Total renovation completed in 2023. Close to 4,500 sq ft of living space. Modern decor and clean lines. 9-foot ceilings in basement, main, second, and 8-foot ceilings on the third floor. Lots of storage space. Good Cap rates for a Toronto investment property and the possibility to increase with minimal alterations to close to 5.0%. Current gross rents are $132K (including utilities) with the possibility of increasing to $150K plus utilities. See floor plans for configuration and measurements. 4 car lane parking. Shed for storage in the back. Qualified to add a laneway suite in the back to live/rent/sell. Great neighbourhood with a very good Walk Score.
Location
Province ON
County Toronto
Community South Riverdale
Area Toronto
Region South Riverdale
City Region South Riverdale
Interior
Cooling Yes
Exterior
Garage Spaces 3.0
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Depth 135.0
Listed by KELLER WILLIAMS PORTFOLIO REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN