$3,999,900
Available - For Sale
Listing ID: C13753716
93 Spadina Road , Toronto, M5R 2T1, Toronto
| Turnkey 16-unit residential investment in the heart of the Annex, offered as two buildings on one lot: 14 studios in the main building plus a coach house with two one-bedroom units. Gross revenue of $268,906 with a projected NOI of $198,397. Private drive with three parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Meticulously maintained under long-term ownership. This is an investors' dream property. Tenant demand in this pocket is deep enough that vacancies typically draw multiple qualified applications. Rare opportunity in Toronto's most resilient neighborhood. |
| Price | $3,999,900 |
| Taxes: | $12722.02 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 93 Spadina Road , Toronto, M5R 2T1, Toronto |
| Postal Code: | M5R 2T1 |
| Province/State: | Toronto |
| Legal Description: | Plan M2 Pt Lot 69 Pt Lot 70 |
| Directions/Cross Streets: | Spadina Rd & Bloor St W |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 13 To 20 Units |
| Building Percentage: | T |
| Total Area: | 6140.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Subways |
| Management Expense: | 13336 |
| Water Expense: | $9346 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX ULTIMATE REALTY INC. |
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Shawn Syed, AMP
Broker
Dir:
416-786-7848
Bus:
(416) 494-7653
Fax:
1 866 229 3159
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto C02 |
| Neighbourhood: | Annex |
| Tax: | $12,722.02 |
| Fireplace: | N |
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