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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Kensington-Chinatown
MLS Listing ID C12152292
Annual Tax Amount $62,541
Tax Year 2024
Property Sub-Type Investment
Property Description
Prime Multi-Res 8 years NEW building investment opportunity on College Street, Hotel and Short-Term Rental Allowed: 25-units Multifamily Building featuring 414 square feet of Commercial Space fronting College. This well-maintained property comprises 12 bachelor units, 11 one-bedroom units, and 2 two-bedroom units, ensuring a diverse tenant mix. With tenants responsible for all utilities, operational expenses are minimized, enhancing the building's financial performance. Located near the bustling intersection of College and Spadina in Toronto, this property offers unparalleled access to vibrant urban amenities and public transit, making it a highly attractive asset in a coveted neighbourhood.
Location
Province ON
County Toronto
Community Kensington-Chinatown
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 23.25
Lot Depth 198.0
Others
Security Features No
Listed by VERTICAL MARKETING REALTY