93 SPADINA ROAD, Toronto (Annex)

$3,999,900 · 2 Bed 16 Bath

93 SPADINA ROAD, Toronto (Annex) — photo 193 SPADINA ROAD, Toronto (Annex) — photo 293 SPADINA ROAD, Toronto (Annex) — photo 393 SPADINA ROAD, Toronto (Annex) — photo 493 SPADINA ROAD, Toronto (Annex) — photo 593 SPADINA ROAD, Toronto (Annex) — photo 693 SPADINA ROAD, Toronto (Annex) — photo 793 SPADINA ROAD, Toronto (Annex) — photo 893 SPADINA ROAD, Toronto (Annex) — photo 9

About this property

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. (id:66939)

Property details

Price
$3,999,900
Bedrooms
2
Bathrooms
16
Parking
3
Property type
Multi-family
Basement
Apartment in basement, N/A
MLS® number
C13753714

Location

Map showing the location of 93 SPADINA ROAD, Toronto (Annex)

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Source board: Toronto Regional Real Estate Board.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.