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164 Madison Ave

Toronto, ON M5R 2S5
  • $4,950,000
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: C6809806
UPDATED: 28 min ago
$4,950,000
  • 0
    BEDS
  • N/A
    ACRES
  • 22
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Prime Annex Turn Key Investment Property With 22 Self Contained Units 21-Bachelors With Kitchenettes And Bath, 1-1 Bedroom Full Kitchen And Bath. Well Managed And In Great Repair, Clean And Easy To Self Manage With Great Mix Of Young Professional And Mature Tenants. Features 7 Surface Parking Spots, Bicycle Parking, 2 Inside Storage Closets, Mechanical Room, And Outside Storage Shed. Good Upside On Rental Income With Increasing Rents, Located Within A 3 Minute Walk To Dupont Subway Station, Walking Distance To U Of T, George Brown College, Casa Loma, Yorkville, And Bloor Street Dining.

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Listing information © 2023 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Mana Real Estate | Royal Canadian Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2023-09-25T21:41:06.477.
www.manarealty.ca/homes/143307718
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164 Madison Ave Toronto, ON M5R 2S5

  • Price: $4,950,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 28 min ago
  • MLS #: C6809806
0
Beds
22
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Annex
County:
Ontario
Area:
Toronto C02
Property Description
Prime Annex Turn Key Investment Property With 22 Self Contained Units 21-Bachelors With Kitchenettes And Bath, 1-1 Bedroom Full Kitchen And Bath. Well Managed And In Great Repair, Clean And Easy To Self Manage With Great Mix Of Young Professional And Mature Tenants. Features 7 Surface Parking Spots, Bicycle Parking, 2 Inside Storage Closets, Mechanical Room, And Outside Storage Shed. Good Upside On Rental Income With Increasing Rents, Located Within A 3 Minute Walk To Dupont Subway Station, Walking Distance To U Of T, George Brown College, Casa Loma, Yorkville, And Bloor Street Dining.
Exterior Features

Area Influences Public TransitSubways Freestanding Yes Garage Type None Lot Depth 128.00 Lot Front 52.00 Lot Size Code Feet Parking Spaces 7

Interior Features

Air Conditioning N Basement Y Heat Type Baseboard Total Area 6663.85 Total Area Code Sq Ft

Property Features

Category Apartment Commercial Type Investment Cross Streets Spadina/Dupont Expenses Actual Or Estimated Act Financial Statement Yes Franchise No Gross Income Sales 267475 Hydro Expense 20172 Insurance Expense 10222 List Price Type For Sale Lot Code Building Maintenance 5500.00 Net Income Before Debt 190034 Occupancy Tenant Other Expenses 2292 Sale Or Lease Sale Seller Property Info Statement No Tax Year 2023 Taxes 29527.07 Taxes Expense 28625 Taxes Type Annual UFFI No Use Apts-Over 20 Units Utilities Y Water Municipal Water Expense 10631 Year Expenses 2022 Zoning R(D1*900)

Listing courtesy of Re/Max West Realty Inc..
Listing information © 2023 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Mana Real Estate | Royal Canadian Realty. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2023-09-25T21:41:06.477.
 
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