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SaleInvestment

93 Spadina Road

Toronto C02, ON M5R 2T1

Price

$3,999,900

Building Size

6,140 sq ft

MLS# C13753716 | Listed by RE/MAX ULTIMATE REALTY INC.

Business Details

Business Type

Apts - 13 To 20 Units

Property Use

Apartment

Commercial Space & Financials

Taxes (Annual)

$12,722.02

Industrial Specifications

Parking

3 spaces (None)

Lot Size

32' × 130'

Structure

Freestanding

Property Description

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.

Price & Status History

Price history is locked

Location

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93 Spadina Road, Toronto C02 M5R 2T1

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Listing Courtesy of: RE/MAX ULTIMATE REALTY INC.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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