$4,200,000

Investment For Sale In Parkdale, Toronto, Ontario

$4,200,000

Property Information:

Boutique building, 15 Units located directly on King Street West. Fantastic curb side appeal. This unique building is located in Parkdale with a short walk to Roncesvalles, King W and Dufferin. Buses and streetcars at the front door. Grocery (Nofrills) less than 5 minute walk, beach less than 10 minute walk. Phase 1 Enviro Complete. Beautiful charm throughout. Fully occupied. Hydro is paid by the owner. It's including 6 bachelor unit, 8 of 1 bedrooms, one of 2 bedrooms. Large, bright apartments, laundry onsite. Current gross income about $230,000.00 and potentially earn up close to 250,000.00 in 2024 **** EXTRAS **** All numbers and measurements are to be verified by co-operating agent. VTB available. Seller is willing to do a second mortgage at 6% repayable interest only for 2 years. Salesperson related to the owner of the building. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Floor Space: 4176.39
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: Partially air conditioned

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 4176.39 Square Feet
  • Irregular: Yes
  • Lot Size: 44.3 x 102.21 FT

Courtesy of: CENTURY 21 REGAL REALTY INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.