Optimum investment opportunity with exceptional rental income . Seven (7) units in a Superb High Visibility Location. Busy Vehicle And Pedestrian Traffic. Also 7 dedicated underground parking spaces included. One Of The Hottest And Rapidly Developing Areas With Several New Condo Developments Nearby. In The Burgeoning Corridor Between King/Bathurst And Liberty Village. Steps away from new Bathurst subway station of the new TTC Ontario Line; AND the TTC streetcar Stops In Front. Includes 7 dedicated Underground Parking spaces . 132 feet frontage combined on King St W. Ownership is retiring. Annual NET revenue (NOI) $565,000 with escalations. Vendor Take Back mortgage is available at favorable terms and Low interest rate. (id:13843)
| MLS # | C13801702 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 41 |
| Listing Provided By | HARVEY KALLES REAL ESTATE LTD. | STEPHEN KLUS |
| SQ Feet | 7,306 |
|---|---|
| Zoning | Commercial/Residential |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air |
| Fireplace Yes / No | No |
| Parking Features | Underground |
|---|---|
| Parking Total | 7 |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 74897 |
|---|
| Province | ON |
|---|---|
| City | Toronto (Niagara) |
| Postal Code | M5V1N4 |
| Listing VS Median (in M5V1N4) | |
Price: $12,250,000 low | high Med: $12,250,000 sqft: 7,306 low | high Med: 7,306 $ / sqft: $1,677 low | high Med: $1,677 On site: 41 low | high Med: 41 | |
| Province | ON |
|---|---|
| City | Toronto (Niagara) |
| Postal Code | M5V1N4 |
| Listing VS Median (in M5V1N4) | |
Price: $12,250,000 low | high Med: $12,250,000 sqft: 7,306 low | high Med: 7,306 $ / sqft: $1,677 low | high Med: $1,677 On site: 41 low | high Med: 41 | |