Melissa Cherry

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557 MARKHAM STREET, Toronto, Ontario

$2,999,000

7 Beds
6 Baths

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. (id:23309)

Listing ID: C10454156
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Bedroom	Second level	2.44 m x 3.56 m
Living room	Second level	4.37 m x 3.99 m
Bedroom	Second level	4.83 m x 4.22 m
Kitchen	Second level	2.9 m x 2.34 m
Living room	Second level	2.44 m x 3.05 m
Living room	Third level	3.35 m x 4.06 m
Living room	Main level	4.57 m x 4.01 m
Bedroom	Main level	4.11 m x 5.21 m
Kitchen	Main level	2.13 m x 2.49 m
Living room	Main level	5.44 m x 3.05 m
Bedroom	Main level	4.98 m x 3.4 m
Kitchen	Main level	3.71 m x 2.13 m

Details

Amenities Nearby: Place of Worship, Public Transit, Schools
Equipment: Water Heater - Tankless
Features: Lane
Parking Spaces: 2
Rental Equipment: Water Heater - Tankless
Structure: Deck, Porch
Transaction: For sale

Building

Appliances: Water Heater - Tankless, Dryer, Refrigerator, Stove, Washer
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Apartment in basement, Walk out
Bedrooms Main Level: 5
Bedrooms Lower Level: 2
Exterior Finish: Brick
Fireplace Present: False
Flooring: Hardwood, Laminate, Tile
Foundation: Unknown
Bathrooms (Total): 6
Heating: Hot water radiator heat
Heating Fuel: Natural gas
Stories Total: 2.5
Type: Other
Utility Water: Municipal water

Land

Amenities: Place of Worship, Public Transit, Schools
Fence: Fenced yard
Sewer: Sanitary sewer
Size Frontage: 22 ft
Size Irregular: 22 x 125 FT

Listing provided by FREEMAN REAL ESTATE LTD.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 557 MARKHAM STREET in Toronto Ontario. It was last modified on November 22nd, 2024. Contact Melissa Cherry to schedule a viewing or to discover other Toronto real estate for sale.

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