293/295 INDIAN GROVE, Toronto, Ontario M6P 2H6
$3,490,000.00
- 5,200 Square Feet
High Park legal 6-plex plus shovel-ready garden suites! 4 two-bedroom units and 2 large, bright one-bedroom lower level units, 4 of 6 renovated, 100% leased with in-place NOI of $144,860. 2 BR units approx 892 Sq Ft & 1 BR units are approx 794 Sq Ft. COA approved and building permits issued (transferable) for two new rent-control-exempt garden suites: a 3 bed (1,137 sf) and a 2 bed (971 sf). Design, permit fees and DCs already paid, and a fixed-price CCDC build quote in hand - the approvals work is done, grow from 6 units to 8. Additional upside as two legacy 2-bedroom units turn over to market. Rare 4-car detached garage and private drive. All units ... read more
High Park legal 6-plex plus shovel-ready garden suites! 4 two-bedroom units and 2 large, bright one-bedroom lower level units, 4 of 6 renovated, 100% leased with in-place NOI of $144,860. 2 BR units approx 892 Sq Ft & 1 BR units are approx 794 Sq Ft. COA approved and building permits issued (transferable) for two new rent-control-exempt garden suites: a 3 bed (1,137 sf) and a 2 bed (971 sf). Design, permit fees and DCs already paid, and a fixed-price CCDC build quote in hand - the approvals work is done, grow from 6 units to 8. Additional upside as two legacy 2-bedroom units turn over to market. Rare 4-car detached garage and private drive. All units with separate upgraded electric panels. Coin laundry. Exceptional investment and solid money maker on a nice lot. Short walk to Bloor shops, Keele subway station and High Park. Own a stabilized 6-plex today and an 8-plex tomorrow. Great opportunity to own a High Park North asset. (id:25417)
- Listing ID: W14141202
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | Bldg=47.9 by 133.8 FT |
| Parking: | 4 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Multi-Family |
| Appliances: | Hood Fan, Microwave, Washer and Dryer |
| HVAC: | Fireplace and Radiator |
| Location | |
|---|---|
| City: | Toronto (High Park North) |
| Province: | Ontario |
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