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$3,200,000
Available - For Sale
Listing ID: W11964492
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. Existing cap rate of over 4.5% with lots of upside for improved rents and potential for future density or development. Partial vacancy possible so you can set your own rents in this highly sought after neighbourhood, steps from Sorauren Park, Roncesvalles and the Lakeshore. All the above grade units have their own outdoor space. Each unit has their own electric water heater. All units have separately metered Hydro and tenants pay their own Hydro. See Floor Plans for more info.
Price $3,200,000
Taxes: $13,287.12
Tax Type: Annual
Occupancy by: Partial
Address: 74 Sorauren Ave , Toronto, M6R 2C7, Ontario
Postal Code: M6R 2C7
Province/State: Ontario
Lot Size: 50.5 x 113 (Feet)
Directions/Cross Streets: Queen W / Sorauren
Zoning: R(D0.6*296) - Le
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 5,455
Total Area Code:  Sq Ft
Heat Type: Radiant
Central Air Conditioning: N
Water: Municipal
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PROPERTY.CA INC.

74 Sorauren Ave , Toronto, M6R 2C7, Ontario

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Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto
Neighbourhood: Roncesvalles
Style:
Lot Size: 50.50 x 113.00(Feet)
Approximate Age:
Tax: $13,287.12
Maintenance Fee: $0
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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