Discover a rare and practical investment in a premium downtown Toronto location. This grand residence at Bloor & Bathurst offers six self-contained rental units, ideal for any portfolio. It includes five functional 1-bedroom units and a spacious 2-level, 2-bedroom suite, appealing to tenants seeking the charm of a house over a condo's congestion. With no elevator waits or crowded areas, it offers serene living in a historic neighborhood. Thoughtful updates include fire safety improvements, ensuring peace of mind for landlords and tenants. Four of six units are occupied, and this property can generate a projected revenue of $12,580/mo or $151K/year when fully leased.. Unlike condos flooding the market, apartments in character homes like this are rare and desirable, offering unique charm, privacy, and location advantages. Minutes walk to Bloor Street, Bathurst subway, U of T, Mirvish Village, parks, cafes, and dining, the unbeatable location ensures univeral demand and interest. Five units enjoy private outdoor spaces, and two feature in-unit laundry. A two-car garage with laneway access adds convenience, while a laneway suite study offers future development potential. This turnkey property is a low-maintenance, high-demand investment in a historic home, perfectly positioned in one of Torontos most sought-after neighborhoods. Apartments in homes like this are timeless assets that grow in value. Dont miss this rare opportunity to secure a solid investment in the heart of the city. **** 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:56069)
MLS® Number | C11917272 |
Property Type | Multi-family |
Neigbourhood | Mirvish Village |
Community Name | Palmerston-Little Italy |
Amenities Near By | Place Of Worship, Public Transit, Schools |
Features | Lane |
Parking Space Total | 2 |
Structure | Deck, Porch |
Bathroom Total | 6 |
Bedrooms Above Ground | 5 |
Bedrooms Below Ground | 2 |
Bedrooms Total | 7 |
Appliances | Water Heater - Tankless, Dryer, Refrigerator, Stove, Washer |
Basement Development | Finished |
Basement Features | Apartment In Basement, Walk Out |
Basement Type | N/a (finished) |
Exterior Finish | Brick |
Flooring Type | Hardwood, Laminate, Tile |
Foundation Type | Unknown |
Heating Fuel | Natural Gas |
Heating Type | Hot Water Radiator Heat |
Stories Total | 3 |
Type | Other |
Utility Water | Municipal Water |
Detached Garage |
Acreage | No |
Fence Type | Fenced Yard |
Land Amenities | Place Of Worship, Public Transit, Schools |
Sewer | Sanitary Sewer |
Size Depth | 125 Ft |
Size Frontage | 22 Ft |
Size Irregular | 22 X 125 Ft |
Size Total Text | 22 X 125 Ft |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Second Level | Bedroom | 2.44 m | 3.56 m | 2.44 m x 3.56 m |
Second Level | Living Room | 4.37 m | 3.99 m | 4.37 m x 3.99 m |
Second Level | Bedroom | 4.83 m | 4.22 m | 4.83 m x 4.22 m |
Second Level | Kitchen | 2.9 m | 2.34 m | 2.9 m x 2.34 m |
Second Level | Living Room | 2.44 m | 3.05 m | 2.44 m x 3.05 m |
Third Level | Living Room | 3.35 m | 4.06 m | 3.35 m x 4.06 m |
Main Level | Living Room | 4.57 m | 4.01 m | 4.57 m x 4.01 m |
Main Level | Bedroom | 4.11 m | 5.21 m | 4.11 m x 5.21 m |
Main Level | Kitchen | 2.13 m | 2.49 m | 2.13 m x 2.49 m |
Main Level | Living Room | 5.44 m | 3.05 m | 5.44 m x 3.05 m |
Main Level | Bedroom | 4.98 m | 3.4 m | 4.98 m x 3.4 m |
Main Level | Kitchen | 3.71 m | 2.13 m | 3.71 m x 2.13 m |
Contact us for more information
Daniel Todd Freeman
Broker
(416) 535-3103
(416) 535-3106
www.facebook.com/FreemanRealEstateltdbrokerage
twitter.com/Freeman_Realty
Nancy Freeman
Salesperson
(416) 535-3103
(416) 535-3106
www.facebook.com/FreemanRealEstateltdbrokerage
twitter.com/Freeman_Realty