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$2,949,000
Status: For Sale
Large 7-unit apartment Building in trendy South Riverdale/Leslieville area. 1 x 1-Bed Unit with kitchen, BathTub/Shower, 5 x 2-bed Units with Kitchen, Bath Tub/Shower, 1 x 3-Bed (full top floor) with Bath, DoubleSink Vanity, Shower, Large Tub, Kitchen, Washer and Dryer, its own Water Heater, and Electric Heating/Cooling System. The rest of the Units share 2 additional Hot Water Tanks, and a shared coin laundry facility. There are also two small storage rooms. A must-see building to appreciate the size and finishes of the apartments. 8 Parking spots. Windows 2017. New Roof 2020. Tenants pay Hydro. Close to restaurants, breweries, Chinatown East, Leslieville, Indian Bazaar and the Beaches. The New Ontario Line Subway will also increase transportation and value. Each Unit has its own electricity meter. Ideal for any investor looking for a cash flow positive asset with still significant upside on rents.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :E11917213 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :21 Mar, 2025 (1 Day ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Toronto |
|---|---|
| Postal Code | :
M4L 2H7
|
| Price | : $2,949,000 |
|---|---|
| Property Taxes | :$14101.0 |
| Tax Year | :2024 |
|---|
| Bedrooms | :9 + 5 |
|---|---|
| No. of Rooms | :7 |
| Air Conditioning | :Other |
| Heating | :Baseboard |
| Place of Worship | :Yes |
| Cross Street | :Gerard St. and Greenwood Ave. |
| Bathrooms | :7 |
|---|---|
| Fuel | :Electric |
| Exterior Finish | :Stucco (Plaster) |
|---|---|
| Parking Space | :8 |
| Basement | :No |
| Laundry Level | :Main Level |
|---|---|
| Park | :Park |
15 Jan, 2025
TREB #E11917213
Listed
$2,949,000
