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$2,999,000
Available - For Sale
Listing ID: C10454156
Turnkey investment in the heart of Little Italy! This grand semi-detached home at Bloor & Bathurst offers 6 self-contained rental units (5 occupied) a perfect portfolio addition. The property features 5 one-bedroom units and a spacious 2-level, 2-bedroom suite, and many updates throughout the property. Solid & sympatico tenants provide peace of mind to this investment opportunity. Unbeatable location: steps to Bloor St, Bathurst Subway, U of T, and directly across from the redeveloped and new Mirvish Village. Enjoy nearby shopping, parks, cafes, and dining. Five units enjoy outdoor spaces, two include in-unit laundry, and there's a 2-car garage with laneway access plus a laneway suite study offering exciting development potential. Monthly revenue is approx. $10,320/mo, and once fully occupied projected monthly revenue of $12,580/mo is expected once the recently renovated unit is leased. Investment opportunity not to be missed.
Extras:   Strength in numbers: 555 & 565 Markham St. are also for sale (MLS). Maximize your economies of scale, or dream bigger and assemble 3 flagship properties in enviable location. Located on a Low-Traffic, Tree-lined, One-way Street.
Price $2,999,000
Taxes: $9,770.84
Address: 557 Markham St , Toronto, M6G 2L6, Ontario
Lot Size: 22 x 125 (Feet)
Directions/Cross Streets: Bathurst & Bloor (Steps to transformed Mirvish Village)
Rooms: 14
Rooms +: 5
Bedrooms: 5
Bedrooms +: 2
Washrooms: 6
Kitchens: 5
Kitchens +: 1
Family Room: N
Basement: Apartment
Fin W/O
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living 14.99 13.15 Hardwood Floor, Combined W/Kitchen, Bay Window
Room 2: Main Br 13.48 17.09 Hardwood Floor, Fireplace, French Doors
Room 3: Main Kitchen 6.99 8.17 Tile Floor, Open Concept
Room 4: Main Living 17.84 10.00 Laminate, Combined W/Kitchen, L-Shaped Room
Room 5: Main Br 16.33 11.15 Laminate, Closet, W/O To Yard
Room 6: Main Kitchen 12.17 6.99 Combined W/Living, Laminate
Room 7: 2nd Living 14.33 13.09 Hardwood Floor, Combined W/Kitchen, W/O To Balcony
Room 8: 2nd Br 15.84 13.84 Hardwood Floor, Closet
Room 9: 2nd Kitchen 9.51 7.68 Closet
Room 10: 2nd Living 8.00 10.00 Laminate, Combined W/Kitchen, W/O To Deck
Room 11: 2nd Br 8.00 11.68 Laminate, Closet, O/Looks Backyard
Room 12: 3rd Living 10.99 13.32 Combined W/Kitchen, Hardwood Floor, W/O To Deck
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 2nd
Washroom 3:  4 3rd
Washroom 4:  4 Bsmt
Property Type: Multiplex
Style: 2 1/2 Storey
Exterior: Brick
Other
Garage Type: Detached
(Parking/)Drive: Lane
Drive Parking Spaces: 2
Pool: None
Property Features: Fenced Yard
Place Of Worship
Public Transit
School
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Water
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
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FREEMAN REAL ESTATE LTD.

557 Markham St , Toronto, M6G 2L6, Ontario


 
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At a Glance:
Type: Freehold - Multiplex
Area: Toronto
Municipality: Toronto
Neighbourhood: Palmerston-Little Italy
Style: 2 1/2 Storey
Lot Size: 22.00 x 125.00(Feet)
Approximate Age:
Tax: $9,770.84
Maintenance Fee: $0
Beds: 5+2
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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