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$7,600,000
Status: OFF MARKET
Opportunity To Acquire This 19-Suite, Boutique Apartment Building In The Heart of Cedarvale. This Turnkey Investment Offers 13 x 1Bedroom Suites And 6 x 1+Den Suites.10 Suites Have Undergone Extensive Renovations. Upgrades To Common Area Including Laundry Room, Carpeting And Paint In Hallways. 19 Storage Lockers, 19 Bike Storage Racks. COA Approval To Build An Additional 4 Suites In the Basement. ShortWalk To St. Clair West Subway (500m), Forest Hill Village, Hillcrest Village And Cedarvale Park. Assumable CMHC Insured 1st Mortgage For An Additional 2 Years At An Attractive Interest Rate. Clean Phase 2 ESA.
| Property Type | :Residential |
|---|---|
| MLS Number | :C8364066 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :24 May, 2024 (207 Days ago) |
| Source | :TRREB |
| Area | :Toronto |
|---|---|
| Community | : Humewood-Cedarvale |
| Postal Code | :
M6C 1L6
|
| Price | : $7,600,000 |
|---|---|
| Property Taxes | :$32381.27 |
| Tax Year | :2023 |
|---|
| Bedrooms | :1 + |
|---|---|
| No. of Rooms | :63 |
| Air Conditioning | :None |
| Heating | :Radiant |
| Place of Worship | :No |
| Cross Street | :Bathurst St. & Claxton Blvd. |
| Bathrooms | :19 |
|---|---|
| Fuel | :Gas |
| Fireplace/Stove | :No |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :1 |
| Basement | :None |
| Garage | :None |
|---|
23 May, 2024
TREB #C8364066
Listed
$7600000.0
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