Address
93 Spadina Road, Toronto (Annex), ON
Price
$ 3,999,900

Your Agent

ZARA KNAAPEN

Sales Representative

416-745-2300


Listing provided by ZARA KNAAPEN, Sales Representative, REMAX West Realty Inc

Property Attributes
  • ID#C13753714
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityToronto (Annex)
  • CityToronto (Annex)
  • AreaAnnex
  • NeighbourhoodAnnex
  • Postal CodeM5R 2T1
  • Style
  • Price$ 3,999,900
  • Bedrooms2
  • Bathrooms2
  • Half Bathrooms14
Data Source:
Canadian Real Estate Association (CREA)
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. (id:7434)

General Features

Property Type Multi-family
Zoning Description R (D1*900)
CommunityName Annex
Building Appliances Central Vacuum, Intercom, Cooktop, Dryer, Oven, Stove, Washer, Window Coverings, Refrigerator
Building Basement Features Apartment in basement
Building Cooling Type Window air conditioner
Location Description Spadina Rd & Bloor St W
Parking Space Total 3
Foundation Type Brick
Building Type Other
Building.StoriesTotal 3

Interior Features

Building Fireplace Present False
Building Heating Type Baseboard heaters
Building Heating Fuel Electric
Basement Type N/A
Living Area Range 5000
Bedrooms 2

Exterior Features

Sewer Sanitary sewer
Exterior Finish Brick

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in M5R 2T1

Price
AVG $4M
$4M

Your Agent

ZARA KNAAPEN

Sales Representative

416-745-2300


Listing provided by ZARA KNAAPEN, Sales Representative, REMAX West Realty Inc

Listed By
RE/MAX ULTIMATE REALTY INC.