293/295 Indian Grove
Toronto W02, ON M6P 2H6
Price
$3,490,000
Building Size
5,200 sq ft
MLS# W14141202 | Listed by VALERY REAL ESTATE INC.
Business Details
Property Use
Apartment
Franchise
No
Commercial Space & Financials
Taxes (Annual)
$15,308
Industrial Specifications
Parking
4 spaces (Double Detached)
Lot Size
47.9' × 133.8'
Structure
Freestanding
Property Description
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.
Price & Status History
Price history is locked
Location
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293/295 Indian Grove, Toronto W02 M6P 2H6
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Listing Courtesy of: VALERY REAL ESTATE INC.
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