Message Number412788
statusActive
Subject LineFor Sale 52-Unit Apartment Building�In Midtown Toronto
Business area
Canada
Ontario
Greater Toronto area
Toronto
Location, CityMidtown
Have/WantHave
Business categoryApartment buildings/multi unit/condo townhouse projects/investments
Date of ListingFebruary 3 2023
Price$15,900,000.00
CommentsApartment 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 Identifier11575
NameFrank Wang
TitleSales Representative
Company NameHomelife Landmark Realty Inc. Brokerage
Address Line One7240 Woodbine Ave, Suite 103,
CityMarkham
State/ProvinceOntario
Zip/Postal Code L3R 1A4
CountryCanada
Business Phone Number(905)305-1600
Cell Number4168908616
Email AddressSend Email
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