1 / 2593 SPADINA ROAD
Toronto (Annex), Ontario, M5R2T1
$3,999,900
Living area
6,140 square feet
Parking
3
About this property
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. (id:66779)
Details
- Cooling
- Fully air conditioned
- Heating
- Baseboard heaters
- List aor
- Toronto
- Appliances
- Washer, Central Vacuum, Oven, Dryer, Cooktop, Window Coverings
- Directions
- Spadina Rd & Bloor St W
- Fireplace
- No
- Water source
- Municipal water
- Structure type
- Multi-Family
- Tax annual amount
- 12,722.02
- Lot size dimensions
- 32 x 130 FT
- Zoning description
- R (D1*900)
- Property attached
- Yes
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