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4.00% Cap Rate With Assumable First Mortgage Of $5.29 Million (5-Year Fixed Rate 2.30%, 40-Year Amortization). Gross Income Of $364K And Noi Of $265K. Recently Renovated 17-Unit Apartment Building With The Ability To Add Two New Bachelor Units. 11X1-Bed Units And 6X2-Bed Units. 14/17 Units Renovated To Condo Standards And Pay Their Own Hydro. **** Extras **** Brand New Stainless Appliances, In-Suite Laundry, And Air Conditioning. Roof And Windows Replaced In 2020. Common Areas Fully Renovated. Stainless Steel Kitchen Apps, 17 Fridges, Stoves, Dishwashers, And Microwaves.**** Extras *****Full Legal Description: Pcl 235-2 Sec M40; Lt 236 Pl M40 East York; Pt Lt 235 Pl M40 East York Being The Ely 20 Ft; Toronto , City Of Toronto
*Full Legal Description: Pcl 235-2 Sec M40; Lt 236 Pl M40 East York; Pt Lt 235 Pl M40 East York Being The Ely 20 Ft; Toronto , City Of Toronto
Property Details
| Property Type | Investment |
|---|---|
| Property Style | N/A |
| Square Feet | |
| Property Tax | $24,896 |
| Maintenance | N/A |
| Days On Our Website | 36 |
| Basement | |
| Kitchens | |
| Garages | |
| Lot Dimensions | 80.10 x 150.06 |
| Pool | N/A |
| Area | Toronto |
| Fireplaces | N/A |
| Air Conditioning | Y |
| Heating | - Gas Forced Air Open |
| Exterior | |
| Garage Type | Outside/Surface |
| Sewers | San+Storm |
| Water | Municipal |
Room Information
| Floor | Room | Dimensions | Description |
Bathroom Information
| Floor | Description |
Listing Office: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP, BROKERAGE
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