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$4,888,888
Available - For Sale
Listing ID: E9250899
Amazing investment opportunity for a savvy investor to add to their portfolio. Huge upside revenue potential most units are well below current market rent. 11 suites-1 X 2 Bedroom, 2 X 1 Bedroom, 8 X Bachelor. Unbelievable location in Danforth/Bloor area with public transit and highways within 5 minutes of property. Oppourtunity to increase rents as tenants vacate. Area supports high end rentals. Views of CN tower from 3 balconies. Includes rooftop patio, onsite parking, 3 garages & coin-op laundry for additional income. Steps to all necessary amenities such grocery store, shops, restaurants and entertainment.
Extras:   Over $500K +++ spent on renovations and upgrades since 2018. 4 units are completely renovated and several units updated. Fully tenanted property with additional income from coin-operated laundry and garage. Intercom system available.
Price $4,888,888
Taxes: $17,483.67
Tax Type: Annual
Occupancy by: Tenant
Address: 648 Broadview Ave , Toronto, M4K 2P1, Ontario
Postal Code: M4K 2P1
Province/State: Ontario
Legal Description: Pt Blk A Pl 274E Toronto Pt 1 & 4, 63R12
Lot Size: 50 x 140 (Feet)
Directions/Cross Streets: South of Danforth Ave./Broadview Ave.
Zoning: R (d1.0) (x7)
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 7,000
Total Area Code:  Sq Ft
Area Influences: Major Highway   Public Transit
Sprinklers: N
Heat Type: Water Radiators
Central Air Conditioning: Part
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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CMHC/GE $ $ $ $
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTRON REALTY INC.

648 Broadview Ave , Toronto, M4K 2P1, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto
Neighbourhood: North Riverdale
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Lot Size: 50.00 x 140.00(Feet)
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Tax: $17,483.67
Maintenance Fee: $0
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