210 Vaughn Road
Toronto C03, ON M6C 2M3
Price
$6,300,000
Building Size
15,000 sq ft
MLS# C14162324 | Listed by LENNARD COMMERCIAL REALTY
Business Details
Business Type
Apts - Over 20 Units
Property Use
Apartment
Commercial Space & Financials
Office / Apt Area
12,500 sq ft
Taxes (Annual)
$43,102.98
Industrial Specifications
Lot Size
50' × 120'
Structure
Freestanding
Property Description
Apartment Investment Opportunity in the prime neighbourhood of Humewood-Cedarvale near Bathurst and St Clair! Very transit oriented with access to the St.Cair W subway, the Vaughn Road bus, the St Clair streetcar and a very walkable neighbourhood to various amenities including grocery, gym, restaurants and salons. The building with 27 units is almost 100% leased, comprised of mostly 1 bedroom units and has coin laundry on site. Offering solid cash flow with compelling rental upside, this is an opportunity to further enhance an existing income-producing asset and drive meaningful NOI growth by optimizing rents through strategic suite improvements upon turnover as well as streamlining operating expenses. For investors seeking a strategic acquisition with multiple levers to increase income and strengthen returns, this property presents an exciting opportunity to capitalize on the fundamentals of Toronto's rental market.
Price & Status History
Price history is locked
Location
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210 Vaughn Road, Toronto C03 M6C 2M3
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Listing Courtesy of: LENNARD COMMERCIAL REALTY
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