93 SPADINA ROAD, Toronto, Ontario M5R 2T1
$3,999,900.00
- 2 bedrooms
- 16 bathrooms
Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of $268,906 with a projected NOI of $198,397. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most ... read more
Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of $268,906 with a projected NOI of $198,397. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood. (id:25417)
- Listing ID: C13753714
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 32 by 130 FT |
| Parking: | No Garage 3 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Other |
| Appliances: | Cooktop, Dryer, Intercom, Oven, Refrigerator, Stove, Washer, Window Coverings and Central Vacuum |
| HVAC: | Baseboard Heaters, Fireplace and Window Air Conditioner Electric |
| Exterior: | Brick |
| Basement: | N/A |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Toronto (Annex) |
| Province: | Ontario |
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