271### Albany Ave , Toronto

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Fully Leased Annex Investment Property With Monthly Rents Of Approximately $8,500 Per Month. Net Operating Income Is $81,345 Providing An Attractive Cap Rate Of 4.28%.Strategically Positioned Corner Property With Upgrades Including Stainless Steel Appliances, New Flooring,Bathrooms & Kitchen,Furnace (2015),Updated Electrical,Plumbing,Led Lighting.Strong Tenant Demand From Uoft & George Brown Campuses. Surrounded By New & Proposed Commercial/Condo Development.

Fantastic Investment Opportunity. Property Has 4 Stainless Steel Refrigerators, 3 Ovens, 4 Over The Range Micro, Dishwasher, Washer And Dryer. All External Light Fixtures

Property Details

Property Type Semi-Detached
Property Style 3-Storey
Square Feet
Property Tax $4,807
Maintenance N/A
Days On Our Website 85
Basement Finished
Kitchens 4
Garages 0.0
Lot Dimensions 15.50 x 100.00
Pool None
Area Toronto
Fireplaces N
Air Conditioning None
Heating Gas - Forced Air
Exterior Brick
Garage Type None
Sewers Sewers
Water Municipal

Room Information

Floor Room Dimensions Description

Bathroom Information

Floor Description
Main 1 x 3 piece
2nd 1 x 3 piece
2nd 1 x 3 piece
3rd 1 x 3 piece
Lower 1 x 3 piece

Listing Office: JONES LANG LASALLE REAL ESTATE SERVICES, INC., BROKERAGE

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