Description

An Excellent Investment Opportunity In Dufferin Grove. Retail Unit Was Recently Renovated And Offers Excellent Income. Second Floor Apartment Is Currently Undergoing Top-Of-The-Line Renovations. Net Income Is Over $117,000 With The Upside On Turnover Of The Second Floor Tenant, Who Is Currently Paying Below Market Rent. Before The Closing The Landlord Will Finish Renovations To The Second Floor Apartment, Update The Hallways, Facade And Replace The Third Floor Windows. The Owner Has Invested Around $100,000 In Renovations So Far. 5% Going-In Cap Rate.

Details

Updated on March 2, 2023 at 9:24 pm
  • Property ID: 2990358
  • Price: $1
  • Property Type: Store W/Apt/Office
  • Property Status: For Sale
  • MLS#: C5941569
  • Office Name: ROYAL LEPAGE REAL ESTATE SERVICES LTD., BROKERAGE
  • MLS Status: Active

Additional details

  • Extras: Vendor Financing And Vacant Possession Possible
  • Air Conditioning: Part
  • Taxes: 11034.00
  • Tax Year: 2022
  • Community: Dufferin Grove
  • Heating: Gas Hot Water
  • Basement: Y
  • Address ,
  • City Toronto
  • State/county Ontario
  • Zip/Postal Code M6H1A5
  • Area Toronto
  • Country Canada

Overview

Property ID: 2990358
  • Store W/Apt/Office
  • Property Type

What's Nearby?

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