Apartment Investment Opportunity in the prime neighbourhood of Humewood-Cedarvale near Bathurst and St Clair! Very transit oriented with access to the St.Cair W subway, the Vaughn Road bus, the St Clair streetcar and a very walkable neighbourhood to various amenities including grocery, gym, restaura...nts and salons. The building with 27 units is almost 100% leased, comprised of mostly 1 bedroom units and has coin laundry on site. Offering solid cash flow with compelling rental upside, this is an opportunity to further enhance an existing income-producing asset and drive meaningful NOI growth by optimizing rents through strategic suite improvements upon turnover as well as streamlining operating expenses. For investors seeking a strategic acquisition with multiple levers to increase income and strengthen returns, this property presents an exciting opportunity to capitalize on the fundamentals of Toronto's rental market.
Full Property Details
General
Business Type
Apts - Over 20 Units
Office Area
12500.00 Sq Ft
Total Area
15000.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
Apts - Over 20 Units
Office Area
12500.00 Sq Ft
Total Area
15000.00 Square Feet
Sprinklers
No
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Baseboard
Air Conditioning
No
Washrooms
0
Heating Fuel
Baseboard
Air Conditioning
No
Exterior
Depth
120.0
Front
50.0
Lot Size
50 x 120.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
Residential Apartment
Depth
120.0
Front
50.0
Lot Size
50 x 120.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
None
Garage Spaces
-
Zoning
Residential Apartment
Building Description
Home Type
Commercial
Subtype
Investment
Sewers
Sanitary+Storm
Water Supply
Municipal
Possession Date
No Data
Home Type
Commercial
Subtype
Investment
Sewers
Sanitary+Storm
Water Supply
Municipal
Possession Date
No Data
Community
Community
Humewood-Cedarvale
Community
Humewood-Cedarvale
Taxes & Fees
Taxes
$43,102.98 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$43,102.98 /yr
Tax Year
2025
Occupancy
Tenant
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