74 Sorauren Avenue, Toronto, ON M6R 2C7

Toronto W01 M6R 2C7 Ontario

MLS: W11964492

$3,200,000

Added 74 days ago | For Sale

Listed by: PROPERTY.CA INC.

About Property

Rarely available Investment Opportunity To Own A Well Maintained Legal 8-Plex sitting on a large 50.5ft x 113ft double corner lot in the heart of Roncesvalles. Existing cap rate of over 4.5% with lots of upside for improved rents and potential for future density or development. Partial vacancy possible so you can set your own rents in this highly sought after neighbourhood, steps from Sorauren Park, Roncesvalles and the Lakeshore. All the above grade units have their own outdoor space. Each unit has their own electric water heater. All units have separately metered Hydro and tenants pay their own Hydro. See Floor Plans for more info.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 50.5 X 113
  • Water:Municipal
  • Garage Spaces: /Lane
  • Driveway:
  • Heating Fuel:
  • Cross Street:Queen W / Sorauren
  • Basement: ,
  • Possession Date:
  • Annual Property taxes: $13287.12
  • Bedrooms:
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Radiant
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W11964492

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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