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.
Address
557 Markham St
List Price
$2,999,000
Property Type
Free
Type of Dwelling
Multiplex
Style of Home
2 1/2 Storey
Area
Toronto C01
Sub-Area
Palmerston-Little Italy
Bedrooms
5 + 2
Bathrooms
6
MLS® Number
C10454156
Listing Brokerage
FREEMAN REAL ESTATE LTD.
Postal Code
M6G 2L6
Tax Amount
$9,770.84
Tax Year
2024