A rare investment opportunity In downtown Toronto, in a prime location for real estate investments due to its high demand and potential for growth. A 10 Multi-Unit fully occupied appealing apartment Building, that provides immediate rental income in the most Desirable location in GTA, with a Huge Lot of 11,969.46 ft (0.275 ac) and 436.35 ft perimeter lot that will certainly offer future development or expansion opportunities, will increase the property's value in the long term, plenty of parking spaces, an absolute investor choice with long-term well qualified Great tenants with a Great compatible Cap Rate, please review the attached Photos, And Financials, 10 fully occupied Units all with appliances and amenities in each unit, such as a fridge, stove, and wall unit A/C, as an advantage in attracting and retaining tenants. Two Owned shared coin laundry on the lower level also provides an extra income stream. (id:46317)
Business Type | Residential |
Business Sub Type | Apartments |
MLS® Number | E6171700 |
Property Type | Multi-family |
Community Name | Danforth Village-East York |
Amenities Near By | Highway, Public Transit |
Parking Space Total | 12 |
Cooling Type | Fully Air Conditioned |
Fireplace Present | No |
Size Exterior | 0.27 Sqft |
Size Interior | 0.27 Sqft |
Type | Multi-family |
Utility Water | Municipal Water |
Acreage | No |
Land Amenities | Highway, Public Transit |
Size Irregular | Bldg=107 X 111.56 Ft |
Size Total Text | Bldg=107 X 111.56 Ft |
https://www.realtor.ca/real-estate/25729919/1311-pape-ave-toronto-danforth-village-east-york
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