Toronto C01, ON M6G 2L6,557 Markham ST
Toronto C01, ON M6G 2L6,557 Markham ST
Toronto C01, ON M6G 2L6,557 Markham ST
Toronto C01, ON M6G 2L6,557 Markham ST
Toronto C01, ON M6G 2L6,557 Markham ST
Toronto C01, ON M6G 2L6,557 Markham ST
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$ 2,999,000
Est. payment | /mo

5 Beds

6 Baths


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$ 2,999,000
Est. payment | /mo
Save

5 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID C10454156

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $9,770

Tax Year 2024

Property Description

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.

Location

Province ON

County Toronto

Area Palmerston-Little Italy

Rooms

Family Room No

Basement Apartment, Finished with Walk-Out

Kitchen 6

Separate Den/Office 2

Interior

Interior Features On Demand Water Heater, Other

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Deck, Porch

Garage Lane

Garage Spaces 2.0

Pool None

Roof Type Unknown

Total Parking Spaces 2

Building

Unit Features Fenced Yard,Place Of Worship,Public Transit,School

Foundation Unknown

Listed by FREEMAN REAL ESTATE LTD.
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557 Markham ST