15 Units in Toronto
$4,975,000
Highlights
Units
15
Stories
Lot Size
Cap Rate
3.1%
15 Unit Boutique Building In The St. Clair West Neighbourhood Near St. Clair/Dufferin. Impressive, Large Units Containing 4 X 1-Bedrooms & 11 X 2-Bedrooms With Windows In The Front And Rear. Replaced Bathrooms And Kitchens With Porcelain Tile, New Cabinets, Counters, Quartz Countertops, LED Lighting, Dishwashers, Etc. Microfit Contract With 12 Years Remaining Generating Solar Energy Income. Tenants Pay Hydro. Rents Are Below Market With Upside Potential On Rents And Opportunity For Additional Income Through Rental Of Storage Space In Basement. Seller Willing To Provide VTB For 1 Year For Up To 70% Of The Purchase Price.
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All information furnished regarding this property is from sources deemed reliable but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price or other terms, prior to sale or withdrawal without notice. Prospective purchasers are advised to seek independent legal, accounting, or any other consulting advise as may be deemed necessary to submit an offer to purchased