$4,688,888
Available - For Sale
Listing ID: E13181652
1311 Pape Avenue , Toronto, M4K 3W9, Toronto
| Prime Riverdale / Danforth Investment Opportunity. Rare Fully Rebuilt Down-To-The-Studs 10-Unit Victorian Apartment Building In One Of Toronto's Most Desirable East-End Rental Corridors. Featuring 10 Fully Vacant Self-Contained Suites Comprised Of 8 Spacious One-Bedroom Units And 2 Large Two-Bedroom Units, Offering Investors Complete Flexibility With Tenant Selection And Rental Positioning From Day One.Extensively Renovated With New Plumbing, New Electrical Throughout, New Furnace & Updated Mechanical Systems, Energy-Efficient Windows & Doors, Modern Fire-Rated Construction, Smart Main Building Entry System, Security Cameras Throughout, Contemporary Kitchens & Bathrooms, Frameless Glass Showers, Premium Flooring, Pot Lights And High-End Finishes Throughout. All 10 Suites Are Equipped With Refrigerators, Gas Stoves And Microwaves, Providing A Fully Functional Turnkey Residential Setup, While Preserving The Original Brick Exterior And Historic Character.Large Lot Featuring 12 Surface Parking Spaces, Attractive Outdoor Space With Potential Tenant Lounge / Garden Area, Separately Metered Hydro And Strong Long-Term Rental Appeal In A High-Demand Location.Walking Distance To TTC, Danforth Shops, Restaurants, Parks & Everyday Amenities. Future Transit And Infrastructure Improvements In The Area May Further Enhance Long-Term Accessibility And Tenant Demand.A Rare Turnkey Multi-Residential Asset Offering Modern Infrastructure, Minimal Deferred Capital Expenditure Expectations And Strong Investment Fundamentals In One Of Toronto's Most Established Rental Markets. |
| Price | $4,688,888 |
| Taxes: | $20665.49 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 1311 Pape Avenue , Toronto, M4K 3W9, Toronto |
| Postal Code: | M4K 3W9 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Pape & O'connor |
| 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 - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 0.27 |
| Total Area Code: | Square Feet |
| Office/Appartment Area Code: | Sq Ft |
| Area Influences: | Public Transit Major Highway |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | No |
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| BAY STREET GROUP INC. |
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Ali Shahpazir
Sales Representative
Dir:
416-473-8225
Bus:
416-473-8225
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto E03 |
| Neighbourhood: | Danforth Village-East York |
| Tax: | $20,665.49 |
| Fireplace: | N |
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