Turnkey investment in the heart of Little Italy! This grand semi-detached home at Bloor & Bathurst offers 6 self-contained rental units (5 occupied) a perfect portfolio addition. The property features 5 one-bedroom units and a spacious 2-level, 2-bedroom suite, and many updates throughout the property. Solid & sympatico tenants provide peace of mind to this investment opportunity. Unbeatable location: steps to Bloor St, Bathurst Subway, U of T, and directly across from the redeveloped and new Mirvish Village. Enjoy nearby shopping, parks, cafes, and dining. Five units enjoy outdoor spaces, two include in-unit laundry, and there's a 2-car garage with laneway access plus a laneway suite study offering exciting development potential. Monthly revenue is approx. $10,320/mo, and once fully occupied projected monthly revenue of $12,580/mo is expected once the recently renovated unit is leased. Investment opportunity not to be missed.
Strength in numbers: 555 & 565 Markham St. are also for sale (MLS). Maximize your economies of scale, or dream bigger and assemble 3 flagship properties in enviable location. Located on a Low-Traffic, Tree-lined, One-way Street.
Broker: Freeman Real Estate Ltd
Name | Attributes | Dimensions (LxW) |
---|---|---|
Living | Hardwood Floor, Combined W/Kitchen, Bay Window | 4.57 x 4.01 |
Br | Hardwood Floor, Fireplace, French Doors | 4.11 x 5.21 |
Kitchen | Tile Floor, Open Concept | 2.13 x 2.49 |
Living | Laminate, Combined W/Kitchen, L-Shaped Room | 5.44 x 3.05 |
Br | Laminate, Closet, W/O To Yard | 4.98 x 3.4 |
Kitchen | Combined W/Living, Laminate | 3.71 x 2.13 |
Living | Hardwood Floor, Combined W/Kitchen, W/O To Balcony | 4.37 x 3.99 |
Br | Hardwood Floor, Closet | 4.83 x 4.22 |
Kitchen | Closet | 2.9 x 2.34 |
Living | Laminate, Combined W/Kitchen, W/O To Deck | 2.44 x 3.05 |
Br | Laminate, Closet, O/Looks Backyard | 2.44 x 3.56 |
Living | Combined W/Kitchen, Hardwood Floor, W/O To Deck | 3.35 x 4.06 |