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$2,850,000
Available - For Sale
Listing ID: W12433477
Rarely available Investment Opportunity To Own A Well Maintained Legal 8-Plex sitting on a large 50.5ft x 113ft double corner lot in the heart of Roncesvalles. Fully leased and cash flowing with an existing cap rate of over 5%! Plenty of upside for improved rents and potential for future density in one of Toronto's most sought after neighbourhoods. Steps from Sorauren Park, Roncesvalles, Queen West and the Lakeshore. All the above grade units have their own private outdoor space. Each unit has their own electric water heater. All tenants pay their own separately metered Hydro. With lots of recent upgrades and coin-laundry, this is truly a turn-key investment. See Floor Plans and Financials for more info.
Price $2,850,000
Taxes: $13,685
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 74 Sorauren Aven , Toronto, M6R 2C7, Toronto
Postal Code: M6R 2C7
Province/State: Toronto
Directions/Cross Streets: Queen/Sorauren
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 5,455
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Radiant
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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PROPERTY.CA INC.

74 Sorauren Aven , Toronto, M6R 2C7, Toronto


 
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At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto W01
Neighbourhood: Roncesvalles
Style:
Lot Size: x 113.00(Feet)
Approximate Age:
Tax: $13,685
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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