Solid Investment Opportunity! Fully Leased 6-Unit Corner Property (Investor Special) and 5.49% Cap !This meticulously renovated corner property boasts 6 income-generating units (Rental Income). It features 2 beautiful 2-bedroom apartments, and all units have new decks, kitchens, furnaces, and plumbing with upgraded 200-amp service. Updates include a young 8-year-old roof and a 9-year-old boiler system (minimal maintenance!).Excellent Location & Development Potential:Situated next to a well-established restaurant, this high-traffic corner offers excellent visibility and a consistent rental history. With potential for future development (flexible zoning, motivated seller - neighbor interest expressed!), this is a solid investment with long-term value upside.Don't miss out on this turnkey (as-is) opportunity!
EXTRAS 6 Fridges, 6 Stoves, 6 Dishwashers, 1 Washer, 1 Dryer, ** Hot Water Tanks Rental. (35004803)
Last updated on : Thursday 5th of September 2024 01:50:18 PM
Street : 294 GERRARD STREET E
City : Toronto (Cabbagetown-South St. James Town)
Province : Ontario
Country : Canada
Postal Code : M5A2G4
Property ID : C8391532
Building Type : Other
Property Type : Multi-family
Bedrooms : 9 + 4
Bathrooms : 8
Parking : 4