1311 Pape Avenue, Toronto, Ontario, Canada, M4K3W9
4,158,888
for Sale
About the property:
Prime Riverdale / Danforth Investment Opportunity. Rare Fully Rebuilt Down-To-The-Studs 10-Unit Victorian Apartment Building In One Of Toronto's Most Desirable East-End Rental Corridors. Featuring 10 Fully Vacant Self-Contained Suites Comprised Of 8 Spacious One-Bedroom Units And 2 Large Two-Bedroom Units, Offering Investors Complete Flexibility With Tenant Selection And Rental Positioning From Day One.Extensively Renovated With New Plumbing, New Electrical Throughout, New Furnace & Updated Mechanical Systems, Energy-Efficient Windows & Doors, Modern Fire-Rated Construction, Smart Main Building Entry System, Security Cameras Throughout, Contemporary Kitchens & Bathrooms, Frameless Glass Showers, Premium Flooring, Pot Lights And High-End Finishes Throughout. All 10 Suites Are Equipped With Refrigerators, Gas Stoves And Microwaves, Providing A Fully Functional Turnkey Residential Setup, While Preserving The Original Brick Exterior And Historic Character.Large Lot Featuring 12 Surface Parking Spaces, Attractive Outdoor Space With Potential Tenant Lounge / Garden Area, Separately Metered Hydro And Strong Long-Term Rental Appeal In A High-Demand Location.Walking Distance To TTC, Danforth Shops, Restaurants, Parks & Everyday Amenities. Future Transit And Infrastructure Improvements In The Area May Further Enhance Long-Term Accessibility And Tenant Demand.A Rare Turnkey Multi-Residential Asset Offering Modern Infrastructure, Minimal Deferred Capital Expenditure Expectations And Strong Investment Fundamentals In One Of Toronto's Most Established Rental Markets.
Extra info:
10 Units, 10 fridges, 10 stoves, owned 2 new (2020)water Tanks, owned furnace. each Tenant has own Tenant installed
Investment
false
- Property Type:
- Investment
- Status:
- for Sale
- Land Size:
- 107 x 111.56 FT
- Business Type:
- Apts - 6 To 12 Units
- Heating Type:
- Water Radiators
- Cross Street:
- Pape & O'connor
- Annual Property Taxes:
- 20,665.49
- Listing ID:
- E13181652
Rooms
Dimensions
Brokered by:
Bay Street Group Inc.
Source: TRREB/PROPTX
Presented By: