For Sale 52-Unit Apartment Building In Midtown Toronto Central Toronto (Toronto, Ontario, CA ) Built

$15,900,000

Camelia Fathi Realtor

CAMELIA FATHI CAMELIA FATHI 514 802 0768 (Office) 514 802 8468 (Cell) Request More Info

  • Type: Commercial
  • Style: Commercial
  • Development Level: Built

Description


Apartment Building with 20 Vacancies

− 52-unit apartment building
− 3% AGI application under review
− 20 vacant units with approved permits to add an
additional den to each unit
− 14 units currently undergoing renovation and 2
recently completed
− Opportunity to underpin 10,000 ft2 basement and
add 7 units
− Close proximity to TTC and the Allen Expressway
− Multiple development applications in immediate
area
− Approx. $430,000 in CapEx completed
- Option to construct addition to existing building ranging up from 2-storeys with 29 units and 21,840 ft2 of Gross Floor Area
− Multiple development applications in immediate area
− Designated Apartment Neighbourhood, supporting intensification

Attachments

Brokered and Advertised by : 4168908616
Listing Agent: Frank Wang
P2#543085064
top
Information is deemed to be correct but not guaranteed.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.