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$385,000
Available - For Sale
Listing ID: C13027858
Turnkey, self-sustaining investment opportunity in downtown Toronto, generating approximately break-even to slightly positive cash flow at current rent of $1,900-$1,950/month, with tenant responsible for heat and hydro. Estimated cap rate of ~4.2%(above average for comparable downtown condo investments) combined with low monthly maintenance fees of $343 makes this an efficient, low-maintenance asset with minimal out-of-pocket exposure. Tenant-paid utilities further enhance netoperating efficiency. Located in a proven high-demand rental pocket, units in this building rent quickly when available-helping minimize vacancy risk and support consistent occupancy. Ideal for investors seeking a stable hold with limited ongoing management and reducedexposure to unexpected costs. Fully renovated in 2023, the suite features new luxury vinyl flooring throughout, an updated kitchen with new countertops,backsplash, stainless steel appliances, and lighting, along with a modernized bathroom with new ceramics, vanity, and hardware. Full soundproofing throughout the entire unit, including ceiling replacement, provides exceptional privacy and durability- an uncommon feature that can help reduce tenant turnover. Situated in Windsor Lofts, an intimate 5-storey boutique building with only 30 units and limited turnover. Steps to transit, universities, hospitals, and the downtown core. Walk Score 95, Transit Score 92, Bike Score 98. A compelling opportunity to secure a low-entry, income-producing asset in one of Toronto's strongest rental corridors- also well-suited for end users seeking a fully renovated, low-maintenance downtown suite.
Price $385,000
Taxes: $2,036
Occupancy by: Tenant
Address: 412 Jarvis Street , Toronto, M4Y 2G6, Toronto
Postal Code: M4Y 2G6
Province/State: Toronto
Directions/Cross Streets: Jarvis St / Wellesley St E
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Foyer 7.22 7.54 Vinyl Floor
Room 2: Main Living Ro 15.09 10.17 Vinyl Floor, Pot Lights, Above Grade Window
Room 3: Main Dining Ro 15.09 10.17 Vinyl Floor, Combined w/Living, Above Grade Window
Room 4: Main Kitchen 11.48 7.87 Vinyl Floor, Stainless Steel Appl, Granite Counters
Room 5: Main Primary B 11.15 7.54 Vinyl Floor, Closet, Window
Room 6: Main Bathroom 7.87 4.92 Vinyl Floor, 4 Pc Bath
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Total Area: 0
Approximatly Age: 16-30
Maintenance: 343
Sprinklers: Secu
Heat Type: Forced Air
Central Air Conditioning: Central Air
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
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RE/MAX PROFESSIONALS INC.

412 Jarvis Street , Toronto, M4Y 2G6, Toronto

Personal Picture
Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Com - Condo Apartment
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Church-Yonge Corridor
Style: Apartment
Lot Size: x 0.00()
Approximate Age: 16-30
Tax: $2,036
Maintenance Fee: $343
Beds: 1
Baths: 1
Garage: 0
Fireplace: N
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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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