- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- C12873106
- Bus Major:
- Apts - 13 To 20 Units
- Photos (40)
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Immaculately cared for incredible turnkey residential investment in the heart of the Annex featuring 16 total units across two buildings (14 studios in the main building and a coach house with 2 one-bedroom units). Boasting a 2025 gross potential revenue of $262,367.20 and a potential NOI of $191,858.19. Private drive with 3 parking spots located literally one door over from the entrance to the Spadina TTC Subway Station and a 12-min walk to University of Toronto St. George campus. Extremely high rental demand area with pretty much zero vacancy. This is an investors dream property. Every time there is a vacancy there are so many applications you get to choose the best tenants. Rare opportunity in Toronto's most resilient neighborhood.
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Total Area:
- 6140 sq. ft. Square Feet
- Total Area:
- 6,140 sq. ft.
- Lot Depth:
- 130'
- Lot Frontage:
- 32'
- Lot Details:
- 32.00 x 130.00 Feet
- Water supply:
- Municipal
- Rooms:
- 0
- Zoning:
- R (D1*900)
- Heating type:
- Baseboard
- Cooling:
- Yes
- Garage:
- None
- Parking Spaces:
- 3
- Possession Details:
- Immediate
- HST Applicable To Sale Price:
- Not Subject to HST
- Type Taxes:
- Annual
- Taxes:
- $12,502.77 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto C02
- Annex
- Public Transit, Subways
- Yes
- Hot Water Tank
- 1 Coin-Operated Washer & Dryer (proven secondary income stream); 4 Full-Sized Fridges & 12 Undercounter Fridges; 1 Stove, 2 Cooktops, 1 Oven & 13 Hot Plates; 1 Central Vacuum System; 11 Window A/C Units; 3 Security Cameras & Digital Monitoring Equipment. All existing Electrical Light Fixtures (ELF) & Window Coverings not owned by tenants.
- None
- Utilities:
- Yes
- Sewers:
- Sanitary+Storm Available
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Gross income:
- $262,367.2
- Expenses Actual/Estimated:
- Estimated
- Hydro Expenses:
- $16,828.94
- Insurance Expenses:
- $10,436.04
- Management Expenses:
- $13,336.44
- Tax Expenses:
- $12,502.77
- Operating Expenses:
- $70,509.01
- Other Expenses:
- $1,058.53
- Water Expenses:
- $9,346.29
- Year Expenses:
- 70509
- Maintenace Expenses:
- $7,000
- Major Business Type:
- Apts - 13 To 20 Units
- Category:
- Apartment
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Listed by RE/MAX REAL ESTATE SOLUTIONS
Data was last updated March 11, 2026 at 10:15 PM (UTC)
- WAYNE BIBBY
- SUTTON GROUP ASSOCIATES INC BROKERAGE
- 1 (416) 9974285
- Contact by Email
Sutton Group Associates Inc Brokerage
Office Address:
358 Davenport Rd
Toronto, ON, M5R 1K6
