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$ 1,250,000
Est. payment | /mo
14 Beds
6 Baths
2,000 SqFt
$ 1,250,000
Est. payment | /mo
14 Beds
6 Baths
2,000 SqFt
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000 - 2500
Square Footage 2,000 sqft
Price per Sqft $625
Subdivision South Riverdale
MLS® Listing ID E12635946
Bedrooms 14
Property Sub-Type Townhouse
Property Description
A rare, licensed downtown Toronto income property offering 14 rental accommodations in a prime, high-demand rental location. This fully operational, turnkey asset requires minimal hands-on management and features 6 bathrooms, 2 shared kitchens, and 2 rear parking spaces. Situated as an end-unit row townhouse, the property benefits from only one attached neighbor, enhanced privacy, additional natural light, and the feel of a more traditional urban home. Strong, stable tenancy from university students and young professionals delivers immediate cash flow with minimal turnover, and an attractive cap rate. Ideally situated close to major transit routes, universities, shopping, parks, and everyday amenities, this is a very rare opportunity to acquire a high-cap rate, low-maintenance investment property in Toronto. Price is firm, no vendor take back. No vendor take-back. For More Information About This Listing, More Photos & Appointments, Please Click "View Listing On Realtor Website" Button In The Realtor.Ca Browser Version Or 'Multimedia' Button or brochure On Mobile Device App. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Window air conditioner
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 2
Garage No
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Others
Ownership Freehold
Listed by TIMES REALTY GROUP INC.
NEARBY SCHOOL & BUSINESS