93 Spadina Road, Toronto, ON M5R 2T1

$4,399,900
2
BD
16
BA

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List Price
$4,399,900
MLS#
C12873104
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
3-Storey
Bedrooms
2
Bathrooms
16
Living Area
5000 +
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Annex
Subdivision
Spadina Rd & Bloor St W

Property Description

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 gross revenue of $263,160.04 and a potential NOI of $205,987.47. 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.

Additional Information

Taxes
$12,502
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Window Unit(s)
Kitchens
16
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
3

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX ULTIMATE REALTY INC..