6.29% Cap rate. Massive Parkdale Mansion. Over 5000 Sq Ft. updated Units .Gross Income over $185,000.Great Tenants. Steel Roof With Lifetime Warranty. Newer Boiler With Indirect Hot Water Tank.. Very Well Maintained. Easy To Rent. Stable rental income today with strong appreciation and rent growth potential tomorrow. South Parkdale is one of Torontos most desirable multifamily investment areasoffering strong tenant demand, low vacancy, and steady cash flow today, with clear upside in rent growth as the neighbourhood continues to gentrify. Steps to downtown, transit, and the waterfront, properties here combine stability with long-term appreciation potential. |
Price | $2,400,000 |
Taxes: | $12585.71 |
Tax Type: | Annual |
Monthly Condo Fee: | $0 |
Occupancy: | Tenant |
Address: | 190 Dunn Aven , Toronto, M6K 2R9, Toronto |
Postal Code: | M6K 2R9 |
Province/State: | Toronto |
Legal Description: | LT 6 PL 796 PARKDALE; CITY OF TORONTO |
Directions/Cross Streets: | King St W And Dunn |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Apartment |
Use: | Apts - 6 To 12 Units |
Building Percentage: | T |
Total Area: | 5500.00 |
Total Area Code: | Square Feet |
Washrooms: | 0 |
Heat Type: | Gas Hot Water |
Central Air Conditioning: | No |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX WEST REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Toronto |
Municipality: | Toronto W01 |
Neighbourhood: | South Parkdale |
Tax: | $12,585.71 |
Fireplace: | N |