279 Lauder Avenue
Toronto C03, ON M6E 3H5
Price
$1,395,000
Building Size
1,789 sq ft
MLS# C13773418 | Listed by ROYAL LEPAGE TERREQUITY BESPOKE REALTY
Business Details
Business Type
Apts - 2 To 5 Units
Property Use
Apartment
Commercial Space & Financials
Taxes (Annual)
$6,407.04
Industrial Specifications
Lot Size
25' × 120'
Structure
Freestanding
Property Description
An excellent opportunity to acquire a well-performing multi-residential property in Toronto's evolving and highly desirable Oakwood Village neighbourhood. 279 Lauder Ave offers investors a stable, income-generating asset in a community experiencing strong rental demand and ongoing revitalization. This very well-managed property has been meticulously maintained by an experienced owner, reflecting pride of ownership and operational efficiency. Recent upgrades include all windows and blinds, exterior doors, driveway and parking areas, composite back deck, refreshed front deck, front stairs and railings, bathrooms, electrical panels, tankless water heater, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.83%**, with minimal need for repositioning.Tenants benefit from efficient floor plans and excellent transit access, with the St. Clair streetcar just an 8-minute walk away, connecting seamlessly across the city. The property is also steps from the lively St. Clair West corridor, known for its diverse mix of cafes, restaurants, and local shops, enhancing everyday convenience and lifestyle appeal.This well-managed asset reflects pride of ownership and long-term care, making it an ideal turnkey addition to any investment portfolio. With strong fundamentals, desirable location, and steady income, 279 Lauder Ave is positioned for continued tenant demand and future growth.
Price & Status History
Price history is locked
Location
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279 Lauder Avenue, Toronto C03 M6E 3H5
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Listing Courtesy of: ROYAL LEPAGE TERREQUITY BESPOKE REALTY
This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.
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