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Toronto C02, ON M5R 2T1
Price
$3,999,900
Building Size
6,140 sq ft
MLS# C13753716 | Listed by RE/MAX ULTIMATE REALTY INC.
Business Details
Business Type
Apts - 13 To 20 Units
Property Use
Apartment
Commercial Space & Financials
Taxes (Annual)
$12,722.02
Industrial Specifications
Parking
3 spaces (None)
Lot Size
32' × 130'
Structure
Freestanding
Property Description
Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of $268,906 with a projected NOI of $198,397. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood.
Price & Status History
Price history is locked
Location
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93 Spadina Road, Toronto C02 M5R 2T1
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Listing Courtesy of: RE/MAX ULTIMATE REALTY INC.
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