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$ 1,700,000
Est. payment | /mo
14 Beds
6 Baths
2,000 SqFt
$ 1,700,000
Est. payment | /mo
14 Beds
6 Baths
2,000 SqFt
Key Details
Property Type Single Family Home, Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $850
Subdivision South Riverdale
MLS® Listing ID E12635946
Bedrooms 14
Property Sub-Type Townhouse
Source Toronto Regional Real Estate Board
Property Description
City of Toronto-Licensed Rooming House A very rare chance to own a City of Toronto-licensed rooming house with 14 rooms, 6 bathrooms, and 2 kitchens. Less than 15 minutes by transit to downtown Toronto, and close to all amenities including shopping, schools, hospitals, parks, and major transit routes. Each room offers privacy with shared kitchens and bathrooms for practical living. Strong income potential with a pro forma cap rate of approx. 5.8% if fully rented at $720 per room. Current income is lower due to vacancies. Price is firm. No vendor take back. For More Information About This Listing, More Photos & Appointments, Please Click "View Listing On Realtor Website" Button In The Realtor.Ca Browser Version Or 'Multimedia' Button or brochure On Mobile Device App. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Window air conditioner
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Others
Ownership Freehold
Listed by TIMES REALTY GROUP INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1816 Crowchild Trail NW # 700, Calgary, T2M, 3Y7, Canada