Message Number406857
statusExpired
Subject LineToronto. Income property. $4,900,000. 5,948 SF. 14 Contiguous Rental Suites In Condo Building Sold As One Parcel. $141,000 NOI. Assumable $2.87M 1st Mtg - 2.14%
Business area
Canada
Ontario
Greater Toronto area
Toronto
Have/WantHave
Business categoryApartment buildings/multi unit/condo townhouse projects/investments
Net Leased Investment
Date of ListingMay 15 2022
Type DescriptionIncome property
Location2315 Danforth Ave
Price$4,900,000.00
Building area5948
Building Area Comment14 Contiguous Rental Suites
Gross Income$209.524
Expenses$68,584
Net Income$140,940
Loans$2,870,000 1st at 2.14%, 40-year amotization
Comments14 Contiguous Rental Suites In Condo Building Sold As One Parcel, 10 1-Br + 4 Bachelor, Amounting To A Gross Leasable Area Of 5,948 Square Feet. Full Kitchens And Central Air Conditioning. Part Of Recently Completed Canvas Condos, An 8 Storey Mixed-Use Building With 170 Residential Units. Rental Suites Enjoy All The Amenities Of The Building. Short Walk To Public Transportation With Both The Woodbine & Main Street Subway Stations Situated Nearby.
Extras:14 S / S Appliance Sets: Fridge, Stove, Dishwasher, Microwave. 14 In-Suite Stacked Washer Dryers. Access To Bicycle Parking Spaces, Fitness Centre, Party Lounge, Dining Room, Pet Wash Station, Rooftop Terrace. 2 Parking Spaces And 14 Lockers
Assumable $2.87 Million 1st Mortgage At 2.14%, 40-Year Amort, Maturing March 1, 2031.
Internet Links
Client DetailsBuilder/Developer
User/Manager
Clients ObjectiveTaking profit
Recognize Value
ControlMLS
NameItamar Teich, B.Eng.,MBA
TitleSales Representative
Company NameSutton Group-Admiral Realty Inc., Brokerage
Address Line One1206 Centre Street
CityThornhill
State/ProvinceOntario
Zip/Postal CodeL4J 3M9
CountryCanada
Business Phone Number(416)739-7200
Cell Number(416)823-8735
FAX Number(416)739-9367
Email AddressSend Email
Home PageHome Page

See the testimonials from connections made by placing Haves and Wants through ICIWorld.

Provided By The ICIWorld Global Association of Real Estate Brokers and Salespeople Founded 1994.
Mailing Address: 131 Bloor St. W., Suite 200, Toronto, Ontario M5S 1R8
Canada 416-777-2633. USA 954-317-2327

Unsubscribe option at the bottom of this EMail