Investor Alert! Prime Downtown Investment (Motivated Seller)! This commercial-residential zoned property offers a 5.70% Cap Rate and is fully leased with income-producing units. Featuring 4 well-maintained units, this multi-family investment includes impressive rental income (Main = $3,800; 2nd = $4,400; Top = $1,800). Located in a prime downtown core with steps to amenities and transit, this property has lane access for 2-car parking and potential for additional rental income. Development potential to add 3 extra units (buyer to verify) and bonus opportunity for a 5th unit or laneway house (buyer to verify). Turnkey opportunity with capital appreciation potential. Perfect for multi-generational family living under one roof, and an excellent opportunity for investors seeking a high-yield, mixed-use property. Securing this property early ensures long-term passive income and more profit in coming years. Dont miss this as-is handyman special!
부동산 특징
- 등록 날짜: Wednesday, May 29, 2024
- 도시: Toronto
- 이웃/동네: Cabbagetown-South St. James Town
- Major Intersection: Sherbourne St & Gerrard St E
- 전체 주소: 256 Gerrard Street E, Toronto, M5A 2G2, Canada, Ontario, Canada
- 리스팅 중개사: International Realty Firm, Inc. - Disclaimer: The information contained in this listing has not been verified by International Realty Firm, Inc. and should be verified by the buyer.
