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1311 Pape Avenue Toronto, Ontario M4K 3W9

None Radiator

$4,688,888

Prime Riverdale / Danforth Investment Opportunity. Rare Fully Rebuilt Down-To-The-Studs 10-Unit Victorian Apartment Building In One Of Toronto's Most Desirable East-End Rental Corridors. Featuring 10 Fully Vacant Self-Contained Suites Comprised Of 8 Spacious One-Bedroom Units And 2 Large Two-Bedroom Units, Offering Investors Complete Flexibility With Tenant Selection And Rental Positioning From Day One.Extensively Renovated With New Plumbing, New Electrical Throughout, New Furnace & Updated Mechanical Systems, Energy-Efficient Windows & Doors, Modern Fire-Rated Construction, Smart Main Building Entry System, Security Cameras Throughout, Contemporary Kitchens & Bathrooms, Frameless Glass Showers, Premium Flooring, Pot Lights And High-End Finishes Throughout. All 10 Suites Are Equipped With Refrigerators, Gas Stoves And Microwaves, Providing A Fully Functional Turnkey Residential Setup, While Preserving The Original Brick Exterior And Historic Character.Large Lot Featuring 12 Surface Parking Spaces, Attractive Outdoor Space With Potential Tenant Lounge / Garden Area, Separately Metered Hydro And Strong Long-Term Rental Appeal In A High-Demand Location.Walking Distance To TTC, Danforth Shops, Restaurants, Parks & Everyday Amenities. Future Transit And Infrastructure Improvements In The Area May Further Enhance Long-Term Accessibility And Tenant Demand.A Rare Turnkey Multi-Residential Asset Offering Modern Infrastructure, Minimal Deferred Capital Expenditure Expectations And Strong Investment Fundamentals In One Of Toronto's Most Established Rental Markets. (id:60365)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number E13181652
Property Type Multi-family
Community Name Danforth Village-East York
AmenitiesNearBy Public Transit, Highway
ParkingSpaceTotal 12

Building

CoolingType None
HeatingType Radiator
SizeExterior 0.27 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit, Highway
SizeDepth 111 Ft ,6 In
SizeFrontage 107 Ft
SizeIrregular Bldg=107 X 111.56 Ft
SizeTotalText Bldg=107 X 111.56 Ft
ZoningDescription R1c (rd)

https://www.realtor.ca/real-estate/29810136/1311-pape-avenue-toronto-danforth-village-east-york-danforth-village-east-york

Rose Rezaei
Salesperson


Bay Street Group Inc.
8300 Woodbine Ave Ste 500
Markham, Ontario L3R 9Y7

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