About Property

Originally built in 1905, this three-story walk-up has been modernized and now features 13 self-contained units in the historic and vibrant Cabbagetown neighborhood. The unit mix consists of 10 bachelor units and 3 one-bedroom units, all separately metered. Each unit has been renovated with machined hardwood flooring, modern finishes, and contemporary appliances. Designed for comfortable and efficient living, the bright and well-lit units provide excellent access to all amenities in Toronto's downtown core. Strategically located, the property is just steps from the Street Car, and within walking distance of the University of Toronto, Toronto Metropolitan University, and George Brown College. It is also in close proximity to Dundas Square and Torontos Financial District, making it an attractive option for professionals and students alike. This investment offers a stabilized, market-rate asset with a strong capitalization rate, exceeding industry averages for the area delivering immediate value on Day 1 of ownership.

Features