641 BATHURST STREET, Toronto, Ontario
$1,880,000
- 6 Beds
- 3 Baths
Prime investment opportunity ideally located in the heart of Toronto between Bloor St and College St, truly the perfect Toronto location! 3 fully renovated, and self-contained, suites with significant mechanical upgrades throughout including updated wiring, HVAC, roof, windows and plumbing! Benefit from vacant units allowing you to hand select new tenants and immediately capitalize on current market rents! Ideal multi-generational home or live/rent opportunity. Parking via laneway offers possible laneway home resulting in even more property value! No tenants to assume! Potential Gross Income over $135,500 - 6.20% Cap Rate!!!. Projected Long term lease Gross Income $115,200 - 5.15% Cap Rate!!! Low property expenses due to significant property upgrades. Perfect time to take advantage of the recent interest rates cuts and secure an excellent investment property. Located in the best part of Toronto steps to Bloor St, Harbord Village, College Street, Little Italy, Ttc, U of T, Elite Schools, beautiful parks, delicious dining and all the best amenities Toronto offers! 100 Bike score, 98 Transit Score, 95 Walk Score. (id:23309)
- Listing ID: C9514418
- Property Type: Single Family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 641 BATHURST STREET in Toronto Ontario. It was last modified on October 28th, 2024. Contact Scott Brubacher to schedule a viewing or to discover other Toronto homes for sale.