Message Number | 412788 | ||||||||
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status | Active | ||||||||
Subject Line | For Sale 52-Unit Apartment Building�In Midtown Toronto | ||||||||
Business area |
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Location, City | Midtown | ||||||||
Have/Want | Have | ||||||||
Business category | Apartment buildings/multi unit/condo townhouse projects/investments | ||||||||
Date of Listing | February 3 2023 | ||||||||
Price | $15,900,000.00 | ||||||||
Comments | Apartment Building with 20 Vacancies
− 52-unit apartment building − 3% AGI application under review − 20 vacant units with approved permits to add an additional den to each unit − 14 units currently undergoing renovation and 2 recently completed − Opportunity to underpin 10,000 ft2 basement and add 7 units − Close proximity to TTC and the Allen Expressway − Multiple development applications in immediate area − Approx. $430,000 in CapEx completed - Option to construct addition to existing building ranging up from 2-storeys with 29 units and 21,840 ft2 of Gross Floor Area − Multiple development applications in immediate area − Designated Apartment Neighbourhood, supporting intensification | ||||||||
Internet Links | |||||||||
Member Identifier | 11575 | ||||||||
Name | Frank Wang | ||||||||
Title | Sales Representative | ||||||||
Company Name | Homelife Landmark Realty Inc. Brokerage | ||||||||
Address Line One | 7240 Woodbine Ave, Suite 103, | ||||||||
City | Markham | ||||||||
State/Province | Ontario | ||||||||
Zip/Postal Code | L3R 1A4 | ||||||||
Country | Canada | ||||||||
Business Phone Number | (905)305-1600 | ||||||||
Cell Number | 4168908616 | ||||||||
Email Address | Send Email | ||||||||
Home Page | Home Page |
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