$2,999,000
Available - For Sale
Listing ID: C10454156
557 Markham St , Toronto, M6G 2L6, Ontario
| 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. |
| Extras: 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. |
| Price | $2,999,000 |
| Taxes: | $9770.84 |
| Address: | 557 Markham St , Toronto, M6G 2L6, Ontario |
| Lot Size: | 22.00 x 125.00 (Feet) |
| Directions/Cross Streets: | Bathurst & Bloor (Steps to transformed Mirvish Village) |
| Rooms: | 14 |
| Rooms +: | 5 |
| Bedrooms: | 5 |
| Bedrooms +: | 2 |
| Kitchens: | 5 |
| Kitchens +: | 1 |
| Family Room: | N |
| Basement: | Apartment, Fin W/O |
| Property Type: | Multiplex |
| Style: | 2 1/2 Storey |
| Exterior: | Brick, Other |
| Garage Type: | Detached |
| (Parking/)Drive: | Lane |
| Drive Parking Spaces: | 2 |
| Pool: | None |
| Property Features: | Fenced Yard, Place Of Worship, Public Transit, School |
| Fireplace/Stove: | N |
| Heat Source: | Gas |
| Heat Type: | Water |
| Central Air Conditioning: | None |
| Sewers: | Sewers |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| FREEMAN REAL ESTATE LTD. |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Palmerston-Little Italy |
| Style: | 2 1/2 Storey |
| Lot Size: | 22.00 x 125.00(Feet) |
| Tax: | $9,770.84 |
| Beds: | 5+2 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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