Investment Opportunity- 44-Unit 4-Storey Multi-Family building in North York Duffern/Eglinton (Toronto, Ontario, CA ) Built

$12,000,000

Camelia Fathi Realtor

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

  • Type: Residential
  • Style: Single Story
  • Development Level: Built

Description

Number of Units 44 Units
Storeys 4 Storeys
Unit Breakdown 1 Bed: 21 units (48%), 2 Bed: 23 units (52%)
Occupancy Rate 97.7%
Appliances 44 fridges, 44 stoves
Lot Size 0.73 acres
Lot Dimensions 111.08’ x 287.83’
Parking Stalls 42 surface
Zoning RM*475
Year Built 1959
Projected Year 1 NOI $438,051


Neighbourhood Overview
North York
North York is located north of Downtown Toronto, just past York,
East York and Old Toronto. Etobicoke surrounds the area from
the west and Scarborough from the east. It is known for being a
multicultural and charming mecca, surrounded by historical sites,
parks, ravines, and various unique neighbourhoods. Throughout
its history, North York has been known to be one of the fastestgrowing areas in the region due to its close proximity with Old
Toronto, resulting in high-density residences, rapid transit routes,
and a number of corporate headquarters in its central business
hub – North York City Centre. North York was amalgamated with
the rest of Metropolitan Toronto in 1998 and has since been a
significant economic hub of Toronto.
North York Centre is known as the area’s central business district and is located on Yonge
Street, between Finch and Sheppard Avenue. The district includes high-density condominiums,
office towers, and street-level shops with an abundance of retail and dining options. Other
notable landmarks in the area include the North York Central Library, the Toronto Centre for
the Arts, and the Toronto District School Board. North York also houses two of Toronto’s five
major shopping malls: the Yorkdale Shopping Centre and Fairview Mall.
Transportation throughout North York is highlighted by several major highway and public
transportation routes. Multiple highways pass through the area, including Highway 400,
Highway 401, Highway 404, Allen Road, and the Don Valley Parkway. Notable Toronto subway
stations include the Line 1 Yonge-University and Line 4 Sheppard. Go Transit and York Region
Transit are also options in North York.

Attachments

Brokered and Advertised by : 4168908616
Listing Agent: Frank Wang
P2#545886276
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Information is deemed to be correct but not guaranteed.

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