Excellent investor opportunity with lots of character. Fully leased with excellent income offering a 4.8% cap rate. Two well established retail tenants (main and lower level) and two residential units (second and third levels). Two parking spaces with laneway access. Many upgrades including rear stairwell and decks, 200 amp service, 4 hydro meters, new roof and sub panels in each unit. This is a turn key investment property in the heart of Cabbagetown. Ideally located next to public transit, restaurants, bars, cafes and TMU. (id:60365)
| MLS® Number | C13252804 |
| Property Type | Retail |
| Community Name | Cabbagetown-South St. James Town |
| AmenitiesNearBy | Public Transit |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
| Appliances | Dishwasher, Dryer, Microwave, Two Washers |
| CoolingType | Fully Air Conditioned |
| HeatingType | Radiator |
| SizeExterior | 2755 Sqft |
| SizeInterior | 2755 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 100 Ft |
| SizeFrontage | 16 Ft ,11 In |
| SizeIrregular | Bldg=16.94 X 100 Ft |
| SizeTotalText | Bldg=16.94 X 100 Ft |
| ZoningDescription | Cr 1.5 (c1.0; R1.0) Ss2 (x1873) |
Evan Trestan
Salesperson