6.29% Cap rate. Massive Parkdale Mansion. 8 Units ( 4 x two bedrooms , 4 x One bedrooms ) All currently rented. Over 5000 Sq Ft. updated Units .Gross Income over $185,000.Great Tenants. Steel Roof With Lifetime Warranty. Newer Boiler With Indirect Hot Water Tank.. Very Well Maintained. Easy To Rent. Stable rental income today with strong appreciation and rent growth potential tomorrow.South Parkdale is one of Torontos most desirable multifamily investment areas offering strong tenant demand, low vacancy, and steady cash flow today, with clear upside in rent growth as the neighbourhood continues to gentrify. Steps to downtown, transit, and the waterfront, properties here combine stability with long-term appreciation potential. (id:4555)
PROPERTY SPECS
Price $2,400,000
City Toronto, Ontario
Bed / Bath 12 / 8 Full
Address 190 Dunn Avenue
Listing ID W12398027
Style Other
Parking 6.00
Type Multi-Family
Status For Sale
EXTENDED FEATURES
FeaturesLane, Sump PumpOwnershipFreeholdBasementApartment in basement, Separate entrance, N/ASewerSanitary sewerParking6.00