557 MARKHAM STREET

Toronto (Palmerston-Little Italy)

,

Ontario

Turnkey investment in the heart of Little Italy! This grand semi-detached home at Bloor & Bathurst offers 6 self-contained rental units (5 occupied) a perfect portfolio addition. The property features 5 one-bedroom units and a spacious 2-level, 2-bedroom suite, and many updates throughout the property. Solid & sympatico tenants provide peace of mind to this investment opportunity. Unbeatable location: steps to Bloor St, Bathurst Subway, U of T, and directly across from the redeveloped and new Mirvish Village. Enjoy nearby shopping, parks, cafes, and dining. Five units enjoy outdoor spaces, two include in-unit laundry, and there's a 2-car garage with laneway access plus a laneway suite study offering exciting development potential. Monthly revenue is approx. $10,320/mo, and once fully occupied projected monthly revenue of $12,580/mo is expected once the recently renovated unit is leased. Investment opportunity not to be missed. **** EXTRAS **** Strength in numbers: 555 & 565 Markham St. are also for sale (MLS). Maximize your economies of scale, or dream bigger and assemble 3 flagship properties in enviable location. Located on a Low-Traffic, Tree-lined, One-way Street. (id:6355)

Listing ID: C10454156 Transaction Type: For sale Bedrooms: 7 Bathrooms: 6 Kitchens: 3 Constructed Date: Maintenance Fee: / Maintenance Type: Land Size: Land Size Total Text: 22 x 125 FT Land Size Irregular: 22 x 125 FT Building Size Interior: Building Utility Water: Municipal water Building Heating Type: Hot water radiator heat Building Cooling Type: Building Fixture: Land Sewer: Sanitary sewer Storage Type: Courtesy Of: FREEMAN REAL ESTATE LTD. Basement:

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Community: Palmerston-Little Italy

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