SOLD. Attention
Investors - Fantastic opportunity to own this legal,
8 room rooming
house with
an 8.05% cap
rate. This property
offers fantastic
cash flow &
huge opportunity
for capital
appreciation as
this downtown
location continues
to improve.
The Basement was previously
used as a commercial
unit but is now used
as a 1
bedroom apartment
with separate
direct entrance
from front of building. Basement is
very high and one wall has exposed brick. This
property is easy to manage for the "hands-on" investor
or keep
the current "on-site"
superintendent for
your convenience.
This property is conveniently located in the Dundas and Jarvis
area of Toronto.