Immaculately cared for incredible turnkey residential investment in the heart of the Annex featuring 16 total units across two buildings (14 studios in the main building and a coach house with 2 one-bedroom units). Boasting a 2025 gross potential revenue of $262,367.20 and a potential NOI of $191,858.19. Private drive with 3 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. Extremely high rental demand area with pretty much zero vacancy. This is an investors dream property. Every time there is a vacancy there are so many applications you get to choose the best tenants. Rare opportunity in Toronto's most resilient neighborhood. (id:61852)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | C12873106 |
| Property Type | Multi-family |
| Community Name | Annex |
| AmenitiesNearBy | Public Transit |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 3 |
| RentalEquipmentType | Water Heater |
| Appliances | Central Vacuum, Cooktop, Dryer, Oven, Washer, Window Coverings |
| CoolingType | Fully Air Conditioned |
| HeatingType | Baseboard Heaters |
| SizeInterior | 6140 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 130 Ft |
| SizeFrontage | 32 Ft |
| SizeIrregular | 32 X 130 Ft |
| SizeTotalText | 32 X 130 Ft |
| ZoningDescription | R (d1*900) |
https://www.realtor.ca/real-estate/29459004/93-spadina-road-toronto-annex-annex
Contact us for more information
Tim Yew
Broker of Record