6.29% Cap rate. Massive Parkdale Mansion. 8 Units ( 4 x two bedrooms , 4 x One bedrooms ) All currently rented. Over 5000 Sq Ft. updated Units .Gross Income over $185,000.Great Tenants. Steel Roof With Lifetime Warranty. Newer Boiler With Indirect Hot Water Tank.. Very Well Maintained. Easy To Rent. Stable rental income today with strong appreciation and rent growth potential tomorrow.South Parkdale is one of Torontos most desirable multifamily investment areas offering strong tenant demand, low vacancy, and steady cash flow today, with clear upside in rent growth as the neighbourhood continues to gentrify. Steps to downtown, transit, and the waterfront, properties here combine stability with long-term appreciation potential. (id:61852)
MLS® Number | W12398027 |
Property Type | Multi-family |
Neigbourhood | Little Tibet |
Community Name | South Parkdale |
Features | Lane, Sump Pump |
ParkingSpaceTotal | 6 |
BathroomTotal | 8 |
BedroomsAboveGround | 9 |
BedroomsBelowGround | 3 |
BedroomsTotal | 12 |
Appliances | Water Heater |
BasementFeatures | Apartment In Basement, Separate Entrance |
BasementType | N/a |
ExteriorFinish | Brick, Concrete Block |
FoundationType | Block, Stone |
HeatingFuel | Natural Gas |
HeatingType | Hot Water Radiator Heat |
StoriesTotal | 3 |
SizeInterior | 3500 - 5000 Sqft |
Type | Other |
UtilityWater | Municipal Water |
No Garage |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 153 Ft |
SizeFrontage | 34 Ft |
SizeIrregular | 34 X 153 Ft |
SizeTotalText | 34 X 153 Ft |
https://www.realtor.ca/real-estate/28850850/190-dunn-avenue-toronto-south-parkdale-south-parkdale
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Tracey Logan
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David Patrick Bailey
Salesperson